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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...
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  Americans who came of driving age during the rapid gas price increases and long waiting lines of 1980...
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The competitive saving motive refers to saving for the purpose of raising one's relative status in the competition for...
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Charitable giving plays an important role in the U.S. economy. In 2016, individuals gave $282 billion to churches,...