Article
The basic hypothesis of crowding out is simple: Suppose individuals care only about their own private consumption and the charity's capacity to spend. In particular, they are indifferent to whether...

Featured Research

Americans who came of driving age during the rapid gas price increases and long waiting lines of 1980...

The competitive saving motive refers to saving for the purpose of raising one's relative status in the competition for...

Charitable giving plays an important role in the U.S. economy. In 2016, individuals gave $282 billion to churches,...