Charitable Giving in the Great Recession
Abstract
While we know the aggregate numbers for how charitable giving was affected by the Great Recession in 2007-2009, there is a lack of knowledge on how the recession affected giving on a more individual level. Using the Panel Study of Income Dynamics datasets from years 2001 to 2013, we will examine how the Great Recession affected charitable giving levels. We will use the sum of religious and secular giving for each household to study the changes in giving from year to year based on probability of giving and the percentage change in total giving. We will control for variables such as income, wealth, health, religion, and other changeable demographic variables as well as time invariant factors using fixed effects. We will also look at how income and wealth themselves affect giving, and how religious and secular giving both change individually in similar fashion.
Citation
Miller, David; Wulfsberg, Elisa (2017). Charitable Giving in the Great Recession. Undergraduate Research Scholars Program. Available electronically from https : / /hdl .handle .net /1969 .1 /167856.