Charity Donations and the Euro Introduction: Some Quasi-Experimental Evidence on Money Illusion

We compare the revenues of a house-to-house collection for a charity before and after the introduction of the euro in a ceteris paribus setting. We find strong evidence of money illusion, supplementing earlier econometric, experimental, and survey evidence on its existence.

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	Journal of money, credit and banking credit and banking, 2004-12, Vol.36 (6), p.1121-1124
Hauptverfasser:	Kooreman, Peter, Faber, Riemer P., Heleen M. J. Hofmans
Format:	Artikel
Sprache:	eng
Schlagworte:	Bank credit Behavioral economics Charitable contributions Charitable donations Charitable giving Charity Comparative analysis Credit Donation Empirical evidence Euro Euro (Currency) Euro currency transition Finance Forecasts and trends Inflation rates Market trend/market analysis Money Money illusion Real prices Valuation
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Beschreibung
Zusammenfassung:	We compare the revenues of a house-to-house collection for a charity before and after the introduction of the euro in a ceteris paribus setting. We find strong evidence of money illusion, supplementing earlier econometric, experimental, and survey evidence on its existence.
ISSN:	0022-2879 1538-4616 1538-4616
DOI:	10.1353/mcb.2005.0011