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Is the Supply of Charitable Donations Fixed? Evidence from Deadly Tornadoes / Tatyana Deryugina, Benjamin M. Marx.
- Format:
- Book
- Author/Creator:
- Deryugina, Tatyana.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w27078.
- NBER working paper series no. w27078
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2020.
- Summary:
- Do new societal needs increase charitable giving or simply reallocate a fixed supply of donations? We study this question using IRS datasets and the natural experiment of deadly tornadoes. Among ZIP Codes located more than 20 miles away from a tornado's path, donations by households increase by over $1 million per tornado fatality. We find no negative effects on charities located in these ZIP Codes, with a bootstrapped confidence interval that rejects substitution rates above 16 percent. The results imply that giving to one cause need not come at the expense of another.
- Notes:
- Print version record
- May 2020.
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