DOES IT PAY FOR WOMEN TO VOLUNTEER?

• 成果类型: Article
• 署名作者: Sauer, Robert M.
• 署名单位: University of London; Royal Holloway University London
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/iere.12114
• 发表日期: 2015
• 页码: 537-564
• 关键词: health-insurance; LABOR; models; retirement; simulation; decisions; BEHAVIOR; search; income; black

摘要

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.