Working Paper: NBER ID: w22902
Authors: 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.
Keywords: Charitable Giving; Great Recession; Philanthropy
JEL Codes: D64; E02; H41
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Great Recession (G01) | charitable giving (D64) |
| changing attitudes towards giving (D64) | charitable giving (D64) |
| increased uncertainty (D89) | charitable giving (D64) |
| household income (D19) | charitable giving (D64) |
| household wealth (D14) | charitable giving (D64) |
| individual fixed effects (C23) | propensity to give (D64) |
| donor composition (F35) | charitable giving (D64) |