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Volunteering, subjective well-being and public policy

  • Binder, Martin
  • Freytag, Andreas

We apply matching estimators to the large-scale British Household Panel Survey (BHPS) data set to estimate the impact of volunteering on subjective well-being. We take into account personality traits that could jointly determine volunteering behaviour and subjective well-being. We find that the impact of regular volunteering on subjective well-being is positive and increasing over time if regular volunteering is sustained. In a quantile analysis, we find that this effect seems to be driven by reducing the unhappiness of the less happy quantiles of the well-being distribution for those who volunteer regularly. We test the robustness of our findings and discuss their relevance for public policy.

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Article provided by Elsevier in its journal Journal of Economic Psychology.

Volume (Year): 34 (2013)
Issue (Month): C ()
Pages: 97-119

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Handle: RePEc:eee:joepsy:v:34:y:2013:i:c:p:97-119
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