Charity Donations and the Euro Introduction: Some Quasi-Experimental Evidence on Money Illusion
在控制其他条件不变的情况下,比较了欧元引入前后同一慈善机构上门募捐的收入,发现货币幻觉存在的强有力证据,补充了此前计量、实验和调查方面的证据。
We compare the revenues of a house-to-house collection for a charity before and after the introduction of the euro in a ceteris paribus setting. We find strong evidence of money illusion, supplementing earlier econometric, experimental, and survey evidence on its existence.