Voluntary work and labour income

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

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Year of publication:	2013-01-25
Authors:	Bruno, Bruna ; Fiorillo, Damiano
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Voluntary work \| labour income \| Heckman model \| instrumental variables \| Italy

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	c36 ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; C31 - Cross-Sectional Models; Spatial Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011112270