Paris Saclay Seminar

Charitable Giving in Wartime: Evidence from Ukraine's War Fundraising

Andrew Kosenko (Marist University)

Oct 01, 2026, 12:15

ENS Paris-Saclay

 

Abstract:

We analyze how military events, civilian fatalities, and media coverage influence same-day donations to a major Ukrainian nonprofit providing lethal aid during Russia’s invasion of Ukraine. In a unique setting, we exploit random variation in attacks on civilians across time to estimate that one additional civilian fatality causes between $4,354 and $6,015 in same-day donations, and leads to at least $8,169 in cumulative donations. Disentangling the effects of events and media coverage, we estimate that a 1% increase in media mentions of military activity leads to a $2,906 increase in same-day donations and an $8,083 increase in cumulative donations.

Joint work with Margaryta Klymak, Oleg Korenok, Dariia Mykhailyshyna, and Kathryn Vasilaky

Location:

CEPS ENS Paris-Saclay
4 avenue des Sciences, 91190, Gif-sur-Yvette