Time vs. money — The supply of voluntary labor and charitable donations across Europe

Thomas Bauer (), Julia Bredtmann and Christoph Schmidt

European Journal of Political Economy, 2013, vol. 32, issue C, 80-94

Abstract: In spite of its importance for civil society, we know relatively little about the way in which individuals spend their time and money in the charitable provision of goods and services. In this paper, we provide a comprehensive picture of the philanthropic behavior in Europe by analyzing both, the correlates of individuals' charitable cash donations and volunteer labor as well as their interdependence. Using data from the European Social Survey, we document a positive correlation between time and money contributions on the individual as well as on the country level. In addition, we find evidence that individuals substitute time donations by money donations as their time offered to the market increases. Moreover, analyzing philanthropic behavior on the disaggregated level reveals large differences in the determinants and the relationship of time and money donations in Europe – both across different types of voluntary organizations and across different welfare regimes.

Keywords: Private philanthropy; Charitable contribution; Voluntary organizations; Civic engagement (search for similar items in EconPapers)
JEL-codes: H41 J22 L31 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (34)

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Related works:
Working Paper: Time vs. Money: The Supply of Voluntary Labor and Charitable Donations across Europe (2012)
Working Paper: Time vs. Money – The Supply of Voluntary Labor and Charitable Donations across Europe (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:32:y:2013:i:c:p:80-94

DOI: 10.1016/j.ejpoleco.2013.06.006

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