Abstract
This paper studies the determinants of US households' charitable donation. The analysis is based on data from
the Survey of Consumer Finance (SCF) of the year 2016. It becomes apparent that households from lower income
brackets donate a larger share of their income as well as their wealth to charity compared to richer households.
However, richer households contribute more to charitable causes in absolute terms, hence gaining more influence
on the supply of social, cultural and educational services while facing a comparatively lower financial burden. In
terms of the functional distribution, we find that capitalist households amount for 67 % of total donations, even though they make up for only 11 % of all households. While wage-dependent households contribute a lower share
of their income, they donate a higher share of their wealth compared to capitalist households.
the Survey of Consumer Finance (SCF) of the year 2016. It becomes apparent that households from lower income
brackets donate a larger share of their income as well as their wealth to charity compared to richer households.
However, richer households contribute more to charitable causes in absolute terms, hence gaining more influence
on the supply of social, cultural and educational services while facing a comparatively lower financial burden. In
terms of the functional distribution, we find that capitalist households amount for 67 % of total donations, even though they make up for only 11 % of all households. While wage-dependent households contribute a lower share
of their income, they donate a higher share of their wealth compared to capitalist households.
Original language | English |
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Place of Publication | Vienna |
Publisher | WU Vienna University of Economics and Business |
Pages | 116-182 |
Volume | 8 |
DOIs | |
Publication status | Published - 1 Sept 2019 |
Publication series
Series | INEQ Working Paper Series |
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Number | 14 |
WU Working Paper Series
- INEQ Working Paper Series