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- Paper “The Charity of the Extremely Wealthy” of T.Coupe will be published in Economic Inquiry
Paper “The Charity of the Extremely Wealthy” of T.Coupe will be published in Economic Inquiry
16 Жовтня, 2015
Paper “The Charity of the Extremely Wealthy” of Tom Coupe, Professor of Kyiv School of Economics, will be published in Economic Inquiry, a peer-reviewed academic journal published by Wiley-Blackwell on behalf of the Western Economic Association International.
“In this paper we show that, compared to billionaires who have inherited their wealth, billionaires who have made their own wealth are more likely to sign the Giving Pledge and more likely to be in the Million Dollar Gifts lists or the Philanthropy Top 50 list of big givers. If they give, self-made billionaires also tend to donate more money. We explore several possible explanations for this correlation between the origin of billionaires’ wealth and their charitable giving, and present evidence that suggests that self-made billionaires tend to spend more money, both by giving money away and by buying expensive items.”
Full paper you can find here.