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

7 Pages Posted: 28 Sep 2004

See all articles by Peter Kooreman

Peter Kooreman

Tilburg University - Center and Faculty of Economics and Business Administration; IZA Institute of Labor Economics

Riemer Faber

University of Groningen - Department of Economics

Heleen Hofmans

University of Groningen - Department of Economics

Date Written: September 2004

Abstract

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.

Keywords: money illusion, quasi-experiment, behavioral economics

JEL Classification: D12

Suggested Citation

Kooreman, Peter and Faber, Riemer and Hofmans, Heleen, Charity Donations and the Euro Introduction: Some Quasi-Experimental Evidence on Money Illusion (September 2004). IZA Discussion Paper No. 1318. Available at SSRN: https://ssrn.com/abstract=596944

Peter Kooreman (Contact Author)

Tilburg University - Center and Faculty of Economics and Business Administration ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands

HOME PAGE: http://www.peterkooreman.nl

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Riemer Faber

University of Groningen - Department of Economics

P.O. Box 800
9700 AV Groningen, Groningen 9700 AV
Netherlands

Heleen Hofmans

University of Groningen - Department of Economics

P.O. Box 800
9700 AV Groningen, Groningen 9700 AV
Netherlands

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