The Individual Economic Returns to Volunteering in Work Life

Publikation: Forskning - peer reviewTidsskriftartikel

Abstrakt

This article examines the individual economic returns to volunteering over the course of one’s work life. Towards this end, the article uses a unique panel dataset created by combining rich survey data from Denmark with information on wages from administrative registers covering the period from 2004 to 2012. Applying a two-way fixed effects regression model that controls for both period-specific and individual-specific effects, the article finds that the economic returns to an additional year of volunteer work experience are a convex function of regular labour market experience. That is, for people with little regular labour market experience, an additional year of volunteer work experience yields a significant positive return, but for people with substantial regular labour market experience, it yields a significant negative return. On these grounds, the article argues that different mechanisms link volunteer work and wages depending on the current stage of people’s work lives.
Luk

Detaljer

This article examines the individual economic returns to volunteering over the course of one’s work life. Towards this end, the article uses a unique panel dataset created by combining rich survey data from Denmark with information on wages from administrative registers covering the period from 2004 to 2012. Applying a two-way fixed effects regression model that controls for both period-specific and individual-specific effects, the article finds that the economic returns to an additional year of volunteer work experience are a convex function of regular labour market experience. That is, for people with little regular labour market experience, an additional year of volunteer work experience yields a significant positive return, but for people with substantial regular labour market experience, it yields a significant negative return. On these grounds, the article argues that different mechanisms link volunteer work and wages depending on the current stage of people’s work lives.
OriginalsprogEngelsk
Tidsskriftxxxx
StatusAfsendt - 9 aug. 2017
ID: 242024946