On Time and Money Donations
Paolo Ghinetti () and
Gilberto Turati ()
No ieil0047, DISCE - Quaderni dell'Istituto di Economia dell'Impresa e del Lavoro from Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE)
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 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.
Keywords: Volunteering; Money donations; Household behaviour. (search for similar items in EconPapers)
JEL-codes: D1 J22 (search for similar items in EconPapers)
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Journal Article: On time and money donations (2011)
Working Paper: On Time and Money Donations (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:ctc:serie4:ieil0047
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