| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18389 |
| 来源ID | Working Paper 18389 |
| The Supply of and Demand for Charitable Donations to Higher Education | |
| Jeffrey R. Brown; Stephen G. Dimmock; Scott Weisbenner | |
| 发表日期 | 2012-09-13 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | Charitable donations are an important revenue source for many institutions of higher education. We explore how donations respond to economic and financial market shocks, accounting for both supply and demand channels through which these shocks operate. In panel data with fixed effects to control for unobservable differences across universities, we find that overall donations to higher education - and especially capital donations for university endowments or for buildings- are positively and significantly correlated with the average income and house values in the state where the university is located (supply effects). We also find that when a university suffers a negative endowment shock that is large relative to its operating budget, donations increase (demand effects). This is especially true for donations earmarked for current use. We conclude by discussing the importance of understanding how donations respond to economic shocks for effective financial risk management by colleges and universities. |
| 主题 | Public Economics ; Public Goods ; Health, Education, and Welfare ; Education |
| URL | https://www.nber.org/papers/w18389 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576066 |
| 推荐引用方式 GB/T 7714 | Jeffrey R. Brown,Stephen G. Dimmock,Scott Weisbenner. The Supply of and Demand for Charitable Donations to Higher Education. 2012. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w18389.pdf（364KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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