Charity Donations and the Euro Introduction: Some Quasi-Experimental Evidence on Money Illusion
AbstractWe compare the revenues of a house-to-house collection for a charity before and after the introduction of the euro in a ceteris paribus setting. We find strong evidence of money illusion, supplementing earlier econometric, experimental, and survey evidence on its existence.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 1318.
Length: 7 pages
Date of creation: Sep 2004
Date of revision:
Publication status: published in: Journal of Money, Credit, and Banking, 2004, 36 (6), 1121-1124
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Other versions of this item:
- Kooreman, Peter & Faber, Riemer P & Hofmans, Heleen M J, 2004. "Charity Donations and the Euro Introduction: Some Quasi-Experimental Evidence on Money Illusion," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 36(6), pages 1121-24, December.
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-10-18 (All new papers)
- NEP-CBE-2004-10-18 (Cognitive & Behavioural Economics)
- NEP-EEC-2004-10-18 (European Economics)
- NEP-LTV-2004-10-18 (Unemployment, Inequality & Poverty)
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