Rajshri Jayaraman, Michael Kaiser, Marrit Teirlinck
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Charitable donations to natural disasters: evidence from an online platform
We investigate the demand and supply of charitable donations to natural disasters on a large online platform. We document that the bulk of charitable donations goes to a tiny fraction of natural disasters, which tend to be severe disasters that receive media coverage. Charities do not fundraise for the remaining 96% of disasters, which account for 80% of casualties. Using an event study-type design to explore temporal patterns in charitable donations, we find that fundraising and giving for disaster relief occur in a timely fashion, but that both are effectively absent for disasters that occur within a 2-month window of large disasters which have attracted massive funding. We also find no evidence that donations to disasters crowd out those to other charitable causes.
期刊介绍:
Oxford Economic Papers is a general economics journal, publishing refereed papers in economic theory, applied economics, econometrics, economic development, economic history, and the history of economic thought. It occasionally publishes survey articles in addition to original papers. Books are not reviewed, but substantial review articles are considered. The journal occasionally publishes survey articles in addition to original papers, and occasionally publishes special issues or symposia.