Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/274630 
Year of Publication: 
2023
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 299v2 [Year:] 2023
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Private charitable contributions play an essential role in most economies. From a policy perspective, there is concern that comprehensive government spending might crowd out 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 the causes of crowding out is crucial from a policy perspective, as crowding out represents a hidden cost to public spending and can thus have significant consequences for government policies toward public welfare provision.
Subjects: 
private philanthropy
time and money donations
government spending
crowding out
JEL: 
H51
31
H11
Persistent Identifier of the first edition: 
Document Type: 
Article

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