We provide evidence that individuals substitute between political contributions and charitable contributions, using micro data from the American Red Cross and Federal Election Commission. First, in a lab experiment, we show that information on the importance of charitable giving increases...

We provide evidence that individuals substitute between political contributions and charitable contributions, using micro data from the American Red Cross and Federal Election Commission. First, we find that foreign natural disasters, which are positive shocks to charitable giving, crowd out...

We provide evidence that individuals substitute between political contributions and charitable contributions, using micro data from the American Red Cross and Federal Election Commission. First, we find that foreign natural disasters, which are positive shocks to charitable giving, crowd out...

Almost every private high educational institution (HEI) needs money and is in a constant search of finding resources needed for its activities. Besides funding diverse activities that are a part of HEI's work, financial support is also needed for potential or existing educational programs...

Financing high educational institutions (HEI) in modern economy is facing a dramatically changes. Those changes are actually a response to a world's phenomenon known as tendency of growing costs that is closely connected to the growth of generated income, especially the part of income that...