Voluntary work and labour income

Bruno, Bruna and Fiorillo, Damiano (2013): Voluntary work and labour income.

Abstract

The paper studies the effect of voluntary work on labour income for Italian employees. The Heckman and Instrumental Variables methods are used in order to control for self-selection bias of participation in labour market and endogeneity of volunteering. The results show that a wage premium of 3 - 4 percent of annual income emerges, when selection and endogeneity problems are taken into account

• Item Type: MPRA Paper
• Language: English
• Keywords: Voluntary work, labour income, Heckman model, instrumental variables, Italy
• Subjects: C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C36 - Instrumental Variables (IV) Estimation; J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs > J31 - Wage Level and Structure ; Wage Differentials; C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C31 - Cross-Sectional Models ; Spatial Models ; Treatment Effect Models ; Quantile Regressions ; Social Interaction Models

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