Paper: Personal charitable donation budgets flexible in aftermath of deadly storms
CHAMPAIGN, Ill. -- Charitable donations account for about 2% of gross domestic product in the U.S., but it's not well-understood whether an event such as a deadly storm inspires increases in charitable giving or simply reallocates a fixed supply of donation dollars that would have otherwise gone to another cause.
A new paper from a team of University of Illinois Urbana-Champaign experts finds that, in the aftermath of catastrophic tornadoes, charitable giving to alleviate an unanticipated event doesn't necessarily crowd out monetary donations to ...











