Consistent Estimation of the Impact of Tax Deductibility on the Level of Charitable Contributions
税收抵扣对慈善捐赠水平影响的一致估计
When charitable contributions are tax deductible, the marginal price of charitable giving in other consumption foregone per dollar of contributions is generally less than unity. Further, if the income tax schedule is a progressive step function, the marginal price of contributions is generally a rising step function of the level of contributions. The problem of estimating a contributions demand function for individuals is therefore complicated by the spurious correlation…