Charity Donations and the Euro Introduction: Some Quasi-Experimental Evidence on Money Illusion
We 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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Volume (Year): 36 (2004)
Issue (Month): 6 (December)
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- Ernst Fehr & Jean-Robert Tyran, .
"Does Money Illusion Matter?,"
IEW - Working Papers
012, Institute for Empirical Research in Economics - University of Zurich.
- repec:tpr:qjecon:v:112:y:1997:i:2:p:341-74 is not listed on IDEAS
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