Shipping the good apples out: a note on contributions of time and money
This note applies insights from a famous problem in price theory, "Shipping the Good Apples Out," to expand the comparative static predictions of the model of monetary donations and volunteering developed by Andreoni, Gale and Scotz (1996). we show that the Hicksian supply of volunteering may be an increasing function of the wage, if volunteering is strongly complementary to either donations or consumption. It is also possible for government charity to crowd-in private contributions.
Volume (Year): 10 (2002)
Issue (Month): 1 ()
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- Brown, Eleanor & Lankford, Hamilton, 1992. "Gifts of money and gifts of time estimating the effects of tax prices and available time," Journal of Public Economics, Elsevier, vol. 47(3), pages 321-341, April.
- Harbaugh, William T., 1998. "What do donations buy?: A model of philanthropy based on prestige and warm glow," Journal of Public Economics, Elsevier, vol. 67(2), pages 269-284, February.
- Randolph, William C, 1995. "Dynamic Income, Progressive Taxes, and the Timing of Charitable Contributions," Journal of Political Economy, University of Chicago Press, vol. 103(4), pages 709-38, August.
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