Dynamic Income, Progressive Taxes, and the Timing of Charitable Contributions
Bibliographic Data
| ID | 10178736 |
|---|---|
| Authors | William Randolph (corresponding author), William C Randolph |
| Year | 1995 |
| Volume | 103 |
| Issue | 4 |
| Pages | 709-738 |
| Publication date | 1995-08-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/262000 |
| OpenAlex | W2023608377 |
| Language | EN |
| Citations received | 36 |
| References cited | 4 |
Using an econometric model of charitable giving and a ten-year panel of tax return data, the author finds that previous studies have underestimated the effects of permanent income and overestimated those of permanent changes in tax prices. The significant statutory tax changes that occurred during the 1980s, especially in 1986, serve to identify the key model parameters. The author's results imply that people smooth their giving when transitory income changes but also time their giving to exploit transitory changes in tax prices. The results also raise questions about how effectively the tax incentives permanently influence the level of charitable giving by individuals. Copyright 1995 by University of Chicago Press
Econometrics · Economics · Exploit · Gross income · Incentive · Income tax · Labour economics · Microeconomics · Monetary economics · Panel data · Public economics · State income tax · Statutory law · Tax reform · Economics of Agriculture and Food Markets · Gender, Labor, and Family Dynamics · Taxation and Compliance Studies
Tax Policy and Philanthropy
Charity and Philanthropy, Economics of
The Elasticity of Taxable Income with Respect to Marginal Tax Rates
Who gives? A literature review of predictors of charitable giving. Part Two
A Literature Review of Empirical Studies of Philanthropy
Does Price Matter in Charitable Giving? Evidence from a Large-Scale Natural Field Experiment
Who gives? A literature review of predictors of charitable giving Part One
Are church and state substitutes? Evidence from the 1996 welfare reform
Charitable Giving
Are Fairness Perceptions Related to Moral Licensing Behavior? Evidence From Tax Compliance
Economic Theories of Nonprofit Organizations
Charitable Giving, Income, and Taxes
The Impact of Charitable Subsidies on Religious Giving and Attendance
The Far-Right Donation Gap
Should Charitable and Political Donations Benefit from Similar Tax Treatments? Evidence from a Survey Experiment
Intergenerational conflict and the political economy of school spending
What Happens When You Tax the Rich? Evidence from Executive Compensation
Impure Impact Giving
Toward a Theory of Charitable Fund‐Raising
Effectiveness is Not Enough
Local Charitable Giving and Civil Society Organizations in Japan
Overall evaluation of economic theories
Impacts of Income Distribution, Taxes, and Direct Democracy on Foundation Activity
Les incitations fiscales aux dons sont-elles efficaces
Wealth and charitable giving – Evidence from an Ethiopian lottery
Income tax policy and charitable giving
Why do People Give
Does giving to charity lead to better health? Evidence from tax subsidies for charitable giving
Disasters, donations, and tax law changes
Does Public Policy Crowd Out Private Contributions to Public Goods
Charitable giving in the German welfare state
Taxes and the Timing of Births
Inequality and philanthropy
Security fosters generosity
The Market for Charitable Giving
After-Life Consumption and Charitable Giving
| Unique citing works | 36 |
|---|---|
| Citations per year | 1,24 |
| Citation span | 1997 - 2025 (29) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 35 |