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Does It Pay For Women To Volunteer?

Listed author(s):
  • Robert M. Sauer

This article estimates the economic and noneconomic returns to volunteering for prime‐aged women. Estimates of a DCDP model indicate that an extra year of volunteer experience increases wage offers by 8.5% in future part‐time work and by 2.6% in future full‐time work. On average, working for free increases lifetime earnings by 16.7%. The economic returns to volunteering are more important than the noneconomic returns in increasing lifetime utility. The model also reveals an adverse selection mechanism into volunteering that helps explain why reduced‐form regressions of the returns to working for free will likely be downward biased.

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File URL: http://hdl.handle.net/10.1111/iere.12114
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Article provided by Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association in its journal International Economic Review.

Volume (Year): 56 (2015)
Issue (Month): (05)
Pages: 537-564

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Handle: RePEc:wly:iecrev:v:56:y:2015:i::p:537-564
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  8. Michael P. Keane & Robert M. Sauer, 2010. "A Computationally Practical Simulation Estimation Algorithm For Dynamic Panel Data Models With Unobserved Endogenous State Variables," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 51(4), pages 925-958, November.
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  14. Clotfelter, Charles T., 1985. "Federal Tax Policy and Charitable Giving," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226110486, September.
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