The Payoff to Work without Pay: Volunteer Work as an Investment in Human Capital

Kathleen Day () and Rose Anne Devlin

Canadian Journal of Economics, 1998, vol. 31, issue 5, 1179-1191

Abstract: Despite the widespread belief that volunteer work enhances an individual's employment prospects, the hypothesis that volunteer work increases one's earnings has never been empirically verified. Using a recent Canadian data set, the authors test this hypothesis by estimating human capital earnings equations that include dummy variables representing to distinguish volunteers from nonvolunteers. The results suggest that the return to volunteering amounts to 6-7 percent of annual earnings.

JEL-codes: J31 (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (66)

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Working Paper: The Payoff to Work without Pay: Volunteer Work as an Investment in Human Capital (1993)
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