Aldashev, Gani; Jaimovich, Esteban; Verdier, Thierry - C.E.P.R. Discussion Papers - 2014
We build an occupational-choice general-equilibrium model of an economy with the non-profit sector financed through private warm-glow donations. Lack of monitoring on the use of funds implies that an increase of funds of the non-profit sector (because of a higher income in the for-profit sector,...