Browsing by Subject "recession"

Now showing 1 - 2 of 2
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    Economic Effects on Million Dollar Giving
    (2014-12) Osili, Una; Ackerman, Jacqueline; Li, Yannan
    This study investigates the impact of economic factors on the number of charitable gifts of one million dollars or more within the United States using the Million Dollar List dataset. We investigate key donor groups: individuals, corporations, and foundations. Results indicate that individual donors are particularly responsive to underlying economic conditions; giving by foundations tends to be counter-cyclical, and corporate giving is not significantly associated with macroeconomic factors. We also find that economic conditions vary in their influence on giving to subsectors, and gifts to public benefit and human services organizations increase significantly during periods of recession. Findings from our study have direct implications for philanthropists, fundraisers, and policy makes as they seek to understand how economic conditions impact large gifts.
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    The Role of Marriage in the Causal Pathway from Economic Conditions Early in Life to Mortality
    (Elsevier, 2015-03) van den Berg, Gerard J.; Gupta, Sumedha; Department of Economics, School of Liberal Arts
    This paper analyzes the interplay between early-life conditions and marital status, as determinants of adult mortality. We use individual data from Dutch registers (years 1815–2000), combined with business cycle conditions in childhood as indicators of early-life conditions. The empirical analysis estimates bivariate duration models of marriage and mortality, allowing for unobserved heterogeneity. Results show that conditions around birth and school going ages are important for marriage and mortality. Men typically enjoy a protective effect of marriage, whereas women suffer during childbearing ages. However, having been born under favorable economic conditions reduces female mortality during childbearing ages.