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"Financial gifts"
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Philanthropy for Health in China
by
Geithner, Peter
,
Wang, Zhenyao
,
Chen, Lincoln C.
in
Charities
,
China
,
Delivery of Health Care
2014
Drawing on the expertise of Chinese and Western academics and practitioners, the contributors to this volume aim to advance the understanding of philanthropy for health in China in the 20th century and to identify future challenges and opportunities. Considering government, NGO leaders, domestic philanthropists, and foreign foundations, the volume examines the historical roots and distinct stages of philanthropy and charity in China, the health challenges philanthropy must address, and the role of the Chinese government, including its support for Government Organized Non-Governmental Organizations (GONGOs). The editors discuss strategies and practices of international philanthropy for health; the role of philanthropy in China's evolving health system; and the prospects for philanthropy in a country beginning to engage with civil society.
Why Do People Give? Testing Pure and Impure Altruism
2017
Researchers measure crowd-out around one level of charity output to identify whether giving is motivated by altruism and/or warm-glow. However, crowd-out depends on output, implying first that the power to reject pure altruism varies, and second that a single measurement of incomplete crowd-out can be rationalized by many different preferences. By instead measuring crowd-out at different output levels, we allow both for identification and for a novel and direct test of impure altruism. Using a new experimental design, we present the first empirical evidence that, consistent with impure altruism, crowdout decreases with output.
Journal Article
Spending Money on Others Promotes Happiness
by
Norton, Michael I
,
Dunn, Elizabeth W
,
Aknin, Lara B
in
Behavior
,
Biological and medical sciences
,
Charities
2008
Although much research has examined the effect of income on happiness, we suggest that how people spend their money may be at least as important as how much money they earn. Specifically, we hypothesized that spending money on other people may have a more positive impact on happiness than spending money on oneself. Providing converging evidence for this hypothesis, we found that spending more of one's income on others predicted greater happiness both cross-sectionally (in a nationally representative survey study) and longitudinally (in a field study of windfall spending). Finally, participants who were randomly assigned to spend money on others experienced greater happiness than those assigned to spend money on themselves.
Journal Article
The Market for Charitable Giving
2011
Through good and bad economic times, charitable gifts have continued to roll in largely unabated over the past half century. In a typical year, total charitable gifts of money now exceed 2 percent of gross domestic product. Moreover, charitable giving has nearly doubled in real terms since 1990, and the number of nonprofit organizations registered with the IRS grew by nearly 60 percent from 1995 to 2005. This study provides a perspective on the economic interplay of three types of actors: donors, charitable organizations, and government. How much is given annually? Who gives? Who are the recipients of these gifts? Would changes in the tax treatment of charitable contributions lead to more or less giving? How can charitable institutions design mechanisms to generate the greatest level of gifts? What about the effectiveness of seed money and matching grants?
Journal Article
You Owe Me
2017
In business and politics, gifts are often aimed at influencing the recipient at the expense of third parties. In an experimental study, which removes informational and incentive confounds, subjects strongly respond to small gifts even though they understand the gift giver's intention. Our findings question existing models of social preferences. They point to anthropological and sociological theories about gifts creating an obligation to reciprocate. We capture these effects in a simple extension of existing models. We show that common policy responses (disclosure, size limits) may be ineffective, consistent with our model. Financial incentives are effective but can backfire.
Journal Article
Gifts, Loans and Intergenerational Support for Young Adults
2013
Young adults in the UK are increasingly dependent on family support to offset the costs of living independently. This article explores these complex intergenerational exchanges from the perspective of a group of single young adults in their mid-twenties to mid-thirties who had been in receipt of various forms of financial and material support from family members since leaving the parental home. We outline the nature of this support and then consider how these forms of assistance are understood by those in receipt of them. We conclude that the co-existence of a sense of both gratitude and discomfort which is often generated by these exchanges is managed but by no means resolved by a blurring of the boundaries between gifts and loans, a set of negotiations which may not even be an option amongst less advantaged young adults.
Journal Article
Does Price Matter in Charitable Giving? Evidence from a Large-Scale Natural Field Experiment
2007
We conducted a natural field experiment to further our understanding of the economics of charity. Using direct mail solicitations to over 50,000 prior donors of a nonprofit organization, we tested the effectiveness ofa matching grant on charitable giving. We find that the match offer increases both the revenue per solicitation and the response rate. Larger match ratios (i.e., $3:$1 and $2:$1) relative to a smaller match ratio ($]:$1) had no additional impact, however. The results provide avenues forfuture empirical and theoretical work on charitable giving, cost-benefit analysis, and the private provision of public goods.
Journal Article
Intracommunity Gifting at the Intersection of Contemporary Moral and Market Economies
2012
Consumer research on gifting has primarily focused on the interpersonal meanings and behavior patterns associated with dyadic gifts that are specifically given from one individual to another and in which the central goal is interpersonal relationship maintenance. Yet we find another type of gifting when community members in one social position give to community members in another position in which the central goal is intracommunity, rather than interpersonal, relationship work. This ethnographic research details the ritual practices, structural components, and meanings associated withintracommunity giftsemploying the empirical context of the post-Katrina New Orleans’ community celebration of Mardi Gras. Through this context, we detail how intracommunity gifting gives prominence to the logics of the moral economy while still drawing from those of the market economy. Beyond this context, we use our conclusions about the intersection of the market and moral economies to understand contemporary ambivalence to corporate sponsorships of local community events.
Journal Article
Do Racial Disparities in Private Transfers Help Explain the Racial Wealth Gap? New Evidence From Longitudinal Data
by
Simms, Margaret
,
Zhang, Sisi
,
McKernan, Signe-Mary
in
African Americans
,
African Americans - statistics & numerical data
,
Age Factors
2014
How do private transfers differ by race and ethnicity, and do such differences explain the racial and ethnic disparity in wealth? Using the Panel Study of Income Dynamics, this study examines private transfers by race and ethnicity in the United States and explores a causal relationship between private transfers and wealth. Panel data and a family-level fixed-effect model are used to control for the endogeneity of private transfers. Private transfers in the form of financial support received and given from extended families and friends, as well as large gifts and inheritances, are examined. We find that African Americans and Hispanics (both immigrant and nonimmigrant) receive less in both types of private transfers than whites. Large gifts and inheritances, but not net financial support received, are related to wealth increases for African American and white families. Overall, we estimate that the African American shortfall in large gifts and inheritances accounts for 12 % of the white-black racial wealth gap.
Journal Article
Is a Donor in Hand Better than Two in the Bush? Evidence from a Natural Field Experiment
2010
This study examines why people initially give to charities, why they remain committed to the cause, and what factors attenuate these influences. Using an experimental design that links donations across distinct treatments separated in time, we present several results. For example, previous donors are more likely to give, and contribute more, than other donor types. Yet, how previous donors were acquired is critical: agents initially attracted by an an economic mechanism are more likely to continue giving than agents attracted by a nonmechanism factor. From a methodological viewpoint, our study showcases the benefit of moving beyond an experimental design that focuses on short-run substitution effects.
Journal Article