Volunteering and Income - The Fallacy of the Good Samaritan?
This paper explores individual motives for volunteering. The analysis is based on the interpretation of volunteering as a consumption good (consumption model) or as a mean to increase individual's own human capital (investment model). We present an econometric framework taking into account self selection into volunteering and simultaneity between the volunteering decision and the determination of income in order to test these two models and to identify the underlying motives. Copyright 2007 Blackwell Publishing Ltd..
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Volume (Year): 60 (2007)
Issue (Month): 1 (February)
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