Charity Donations and the Euro Introduction: Some Quasi-Experimental Evidence on Money Illusion

Peter Kooreman, Riemer Faber () and Heleen Hofmans
Additional contact information
Riemer Faber: CPB Netherlands Bureau for Economic Policy Analysis
Heleen Hofmans: University of Groningen

No 1318, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We compare the revenues of a house-to-house collection for a charity before and after the introduction of the euro in a ceteris paribus setting. We find strong evidence of money illusion, supplementing earlier econometric, experimental, and survey evidence on its existence.

Keywords: behavioral economics; quasi-experiment; money illusion (search for similar items in EconPapers)
JEL-codes: D12 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2004-09
New Economics Papers: this item is included in nep-cbe, nep-eec and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (30)

Published - published in: Journal of Money, Credit, and Banking, 2004, 36 (6), 1121-1124

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