Charitable Contributions of Time and Money: A Multivariate Sample Selection Approach

Steven T Yen () and Ernest M Zampelli ()
Additional contact information
Steven T Yen: STY Health Econometrics
Ernest M Zampelli: School of Business and Economics, The Catholic University of America

Eastern Economic Journal, 2017, vol. 43, issue 1, No 4, 43-63

Abstract: Abstract In this paper, we estimate a sample-selection system of equations in a joint analysis of volunteering, religious giving, and secular giving using data on working households from the 2005 Center on Philanthropy Panel Study and Panel Study on Income Dynamics. Estimated tax price elasticities suggest that changes in the tax treatment of charitable contributions could lead to substantial reductions in monetary donations. For example, replacing the deduction with a 12 percent tax credit available to all tax filers in 2005 would have increased religious and secular contributions from working households by 7.7 and 3.8 percent, respectively.

Keywords: time and money donations; sample selection system; D34; C34 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1057/eej.2015.30 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:easeco:v:43:y:2017:i:1:d:10.1057_eej.2015.30

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/41302

DOI: 10.1057/eej.2015.30

Access Statistics for this article

Eastern Economic Journal is currently edited by Allan Zebedee and Cynthia Bansak

More articles in Eastern Economic Journal from Palgrave Macmillan, Eastern Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().