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Patience and giving: global evidence based on longitudinal and linguistic data
- 1.0579462 - NHU-C 2024 RIV CZ eng V - Research Report
Tokhirov, Azizbek
Patience and giving: global evidence based on longitudinal and linguistic data.
Prague: CERGE-EI, 2023. 13 s. CERGE-EI Working Paper Series, 771. ISSN 2788-0443
R&D Projects: GA MŠMT(CZ) LX22NPO5101
Institutional support: Cooperatio-COOP
Keywords : charity * patience * philanthropy
OECD category: Applied Economics, Econometrics
Result website:
https://www.cerge-ei.cz/pdf/wp/Wp771.pdf
Why do people engage in philanthropy? After merging aggregated Gallup World Poll data over the 2006 to 2022 period with data from the Global Preferences Survey, I demonstrate that, in countries with more patient populations, people are more likely to donate money, help a stranger, and volunteer their time. In within-country regressions based on the 1995-2022 European Values Study and World Values Survey data, I establish a positive link between saving behavior and charity membership. By employing the linguistic roots of post-industrial time preferences as an instrument, I verify that the effects of long-term orientation on giving can be interpreted as causal.
Permanent Link: https://hdl.handle.net/11104/0348266
File Download Size Commentary Version Access cerge-ei_Wp771.pdf 1 1.9 MB Publisher’s postprint open-access
Number of the records: 1