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The Payoff to Work without Pay: Volunteer Work as an Investment in Human Capital

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Author Info
Kathleen Day
Rose Annue Devlin

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Abstract

Despite the widespread belief that volunteer work enhances an individual's employment prospects, the hypothesis that volunteer work increases one's earnings has never been empirically verified. Using a recent Canadian data set, the authors test this hypothesis by estimating human capital earnings equations that include dummy variables representing to distinguish volunteers from nonvolunteers. The results suggest that the return to volunteering amounts to 6-7 percent of annual earnings.

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File URL: http://economics.ca/cgi/xms?jab=v31n5/09.pdf
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Publisher Info
Article provided by Canadian Economics Association in its journal Canadian Journal of Economics.

Volume (Year): 31 (1998)
Issue (Month): 5 (November)
Pages: 1179-1191
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:cje:issued:v:31:y:1998:i:5:p:1179-1191

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Find related papers by JEL classification:
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Jane Kolodinsky & Garret Kimberly & Jonathan Isham, 2003. "The Effects of Volunteering for Non-profit Organizations on Social Capital Formation: Evidence from a Statewide Survey," Middlebury College Working Paper Series 0305, Middlebury College, Department of Economics. [Downloadable!]
  2. Jeff Dayton-Johnson & Emily King, 2003. "Subsidising Stan - Measuring the social benefits of cultural spending," Department of Economics at Dalhousie University working papers archive wpstan, Dalhousie, Department of Economics. [Downloadable!]
  3. Franz Hackl & Martin Halla & Gerald J Pruckner, 2004. "The fallacy of the Good Samaritan: Volunteering as a weird way of making money," Economics working papers 2004-15, Department of Economics, Johannes Kepler University Linz, Austria. [Downloadable!]
    Other versions:
  4. Lorenzo Cappellari & Paolo Ghinetti & Gilberto Turati, 2007. "On Time and Money Donations," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    Other versions:
  5. Jane Kolodinsky & Garret Kimberly & Jonathan Isham, 2004. "Effects of Volunteering for Nonprofit Organizations on Social Capital Formation: Evidence from a Statewide Survey," Middlebury College Working Paper Series 0305r, Middlebury College, Department of Economics. [Downloadable!]
  6. Bruna, Bruno & Damiano, Fiorillo, 2009. "Why without Pay? The Intrinsic Motivation between Investment and Consumption in Unpaid Labour Supply," CELPE Discussion Papers 111, CELPE (Centre of Labour Economics and Economic Policy), University of Salerno, Italy. [Downloadable!]
  7. Damiano Fiorillo, 2009. "Do monetary rewards crowd out intrinsic motivations of volunteers? Some empirical evidence for Italian volunteers," Discussion Papers 3_2009, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy. [Downloadable!]
  8. Suzanne Clain & Charles Zech, 2008. "Determinants of the Allocation of Volunteer Time: Church-Related versus Other Non-market Activities," Atlantic Economic Journal, International Atlantic Economic Society, vol. 36(4), pages 455-467, December. [Downloadable!] (restricted)
  9. Yvon H. Pho, 2004. "Volunteer Output and the National Accounts: An Empirical Analysis," BEA Working Papers 0014, Bureau of Economic Analysis. [Downloadable!]
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