Testing economic models of volunteer labour supply: some empirical evidence for the German Red Cross
Eike Emrich and
Christian Pierdzioch
Applied Economics, 2015, vol. 47, issue 40, 4247-4259
Abstract:
We use a new data set collected by means of a questionnaire study of volunteers of the German Red Cross to test predictions of three competing economic models of volunteer labour supply: the public-goods model, the private-consumption model and the human-capital model. The three competing economic models make different predictions regarding the response of a volunteer's labour supply to a change in the perceived labour supply of other volunteers. Our empirical results lend support to the public-goods model.
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:taf:applec:v:47:y:2015:i:40:p:4247-4259
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DOI: 10.1080/00036846.2015.1026587
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