Voluntary work and labour income
AbstractThe paper studies the effect of voluntary work on labour income for Italian employees. The Heckman and Instrumental Variables methods are used in order to control for self-selection bias of participation in labour market and endogeneity of volunteering. The results show that a wage premium of 3 - 4 percent of annual income emerges, when selection and endogeneity problems are taken into account
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 43995.
Date of creation: 25 Jan 2013
Date of revision:
Voluntary work; labour income; Heckman model; instrumental variables; Italy;
Find related papers by JEL classification:
- C36 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Instrumental Variables (IV) Estimation
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-02-03 (All new papers)
- NEP-HRM-2013-02-03 (Human Capital & Human Resource Management)
- NEP-LMA-2013-02-03 (Labor Markets - Supply, Demand, & Wages)
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