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The Great Recession and Charitable Giving

Author

Listed:
  • Jonathan Meer
  • David H. Miller
  • Elisa Wulfsberg

Abstract

We examine the impact of the Great Recession on charitable giving. We find sharp declines in overall donative behavior that is not accounted for by shocks to income or wealth. These results suggest that overall attitudes towards giving changed over this time period.

Suggested Citation

  • Jonathan Meer & David H. Miller & Elisa Wulfsberg, 2016. "The Great Recession and Charitable Giving," NBER Working Papers 22902, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:22902
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    References listed on IDEAS

    as
    1. Jonathan Meer, 2013. "The Habit Of Giving," Economic Inquiry, Western Economic Association International, vol. 51(4), pages 2002-2017, October.
    2. John A. List, 2011. "The Market for Charitable Giving," Journal of Economic Perspectives, American Economic Association, vol. 25(2), pages 157-180, Spring.
    3. List, John A. & Peysakhovich, Yana, 2011. "Charitable donations are more responsive to stock market booms than busts," Economics Letters, Elsevier, vol. 110(2), pages 166-169, February.
    4. Fisman, Raymond & Jakiela, Pamela & Kariv, Shachar, 2015. "How did distributional preferences change during the Great Recession?," Journal of Public Economics, Elsevier, vol. 128(C), pages 84-95.
    5. Ulrike Malmendier & Stefan Nagel, 2011. "Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?," The Quarterly Journal of Economics, Oxford University Press, vol. 126(1), pages 373-416.
    6. Wilhelm, Mark O., 2006. "New data on charitable giving in the PSID," Economics Letters, Elsevier, vol. 92(1), pages 26-31, July.
    Full references (including those not matched with items on IDEAS)

    More about this item

    JEL classification:

    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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