Is Volunteering Rewarding in Itself?
21 Pages
Posted: 29 Dec 2007
Federal Reserve Bank of Boston; IZA Institute of Labor Economics; Columbia Business School - Management
University of Basel - Faculty of Business and Economics; IZA Institute of Labor Economics
There are 2 versions of this paper
Abstract
Volunteering constitutes one of the most important pro-social activities. Following Aristotle, helping others is the way to higher individual wellbeing. This view contrasts with the selfish utility maximizer, who avoids helping others. The two rival views are studied empirically. We find robust evidence that volunteers are more satisfied with their life than non-volunteers. The issue of causality is studied from the basis of the collapse of East Germany and its infrastructure of volunteering. People who lost their opportunities for volunteering are compared with people who experienced no change in their volunteer status.
Suggested Citation:
Suggested Citation
Meier, Stephan and Stutzer, Alois, Is Volunteering Rewarding in Itself?. Economica, Vol. 75, Issue 297, pp. 39-59, February 2008. Available at SSRN: https://ssrn.com/abstract=1079183 or http://dx.doi.org/10.1111/j.1468-0335.2007.00597.x
