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On Time and Money Donations

Author

Listed:
  • Lorenzo Cappellari
  • Paolo Ghinetti
  • Gilberto Turati

Abstract

This paper investigates the determinants of time and money gifts. We first develop a behavioural model which accounts for both types of donations, as well as for decisions about domestic and market hours of work. We then investigate the issue empirically, using survey data for Italy. Results suggest that, according to the theoretical predictions, proxies for “warm glow”, reputational concerns and (impure) altruism are important determinants of giving. Moreover, the unobservable determinants driving money and time donations are positively correlated, suggesting a certain degree of complementarity between the two decisions.

Suggested Citation

  • Lorenzo Cappellari & Paolo Ghinetti & Gilberto Turati, 2007. "On Time and Money Donations," CESifo Working Paper Series 2140, CESifo.
    • Handle: RePEc:ces:ceswps:_2140
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    References listed on IDEAS

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    More about this item

    Keywords

    volunteering; money donations; household behaviour;
    All these keywords.

    JEL classification:

    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • D1 - Microeconomics - - Household Behavior

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