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: by making donations to charity and by taking a public service job and exerting effort on the job. Our theory predicts …
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Why do individuals volunteer their time even when recipients receive far less value than the donor's opportunity cost? Previous models of altruism that focus on the overall impact of a gift cannot rationalize this behavior, despite its prevalence. We develop a model that relaxes this assumption,...
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We examine the impact of state-imposed mandates and fiscal limits on volunteer use and fundraising by local governments …. Our model of contributions to local public services predicts that fiscal limits increase both volunteer use and fund-raising … percent more likely that a department is volunteer and 14 percent more likely that it engages in fund-raising. A mandated …
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Non-contributory pensions are becoming increasingly prevalent worldwide. As their effects are likely to be context-dependent, evaluating their effects in a wide range of settings is important for establishing the external validity of the non-contributory pension literature. We use a new monthly...
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