Does it Pay to Work for Free? Negative Selection and the Wage Returns to Volunteer Experience
| Autor: | Guido Cozzi, Robert M. Sauer, Noemi Mantovan |
|---|---|
| Rok vydání: | 2017 |
| Předmět: |
Statistics and Probability
Economics and Econometrics Labour economics media_common.quotation_subject Wage jel:H41 jel:D64 jel:C26 Negative selection Paid work 0502 economics and business 050602 political science & public administration Economics 050207 economics Volunteer media_common Valuation (finance) Earnings 05 social sciences Instrumental variable jel:J71 jel:J31 0506 political science Unpaid work jel:J16 Volunteering Unpaid Work Gender Differences Instrumental Variables Rainfall Negative Selection Statistics Probability and Uncertainty Social Sciences (miscellaneous) |
| Zdroj: | Oxford Bulletin of Economics and Statistics. 79:1018-1045 |
| ISSN: | 0305-9049 |
| DOI: | 10.1111/obes.12183 |
| Popis: | This paper offers the first instrumental variables estimates of the wage returns to volunteer experience. The returns are substantial and differ considerably by gender. The results imply that the unequal valuation of volunteer experience by gender is more important in explaining the gender earnings gap than is the unequal valuation of part-time paid work experience. The results also indicate negative selection into unpaid work. In a simple model of optimal volunteering, negative selection implies that a lower cost of volunteering would produce both an expanded and higher-skilled pool of volunteers, and greater societal benefits from volunteer work. |
| Databáze: | OpenAIRE |
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