Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/148524 
Year of Publication: 
2016
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 299 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2016
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Private charitable contributions play an essential role in most economies. Despite the existence of welfare states, people contribute money and supply volunteer labor to charity. From a policy perspective, there is concern that comprehensive government spending might crowd out these private charitable donations. If perfect crowding out occurs, then every dollar spent by the government will lead to a one-for-one decrease in private spending, leaving the total level of welfare unaltered. Understanding the magnitude and causes of crowding out is crucial, as it represents a hidden cost to public spending and can thus have significant impacts on public welfare.
Subjects: 
private philanthropy
time and money donations
government spending
crowding out
JEL: 
H41
L31
H11
Persistent Identifier of the first edition: 
Document Type: 
Article

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