Volunteer labor supply

Paul L. Menchik*, Burton A. Weisbrod

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

213 Scopus citations

Abstract

We model the supply of volunteer labor, which received an explicit wage of zero. Quantitatively important, it constituted over 5 percent of the entire labor supply in the United States in 1980. Both consumption and investment models are considered - the former positing volunteering as an ordinary consumer good, while the latter posits it as a means of obtaining on-the-job experience. Empirical estimation, based on survey data, discloses statistically significant effects of price and income variables on the supply of volunteer labor.

Original languageEnglish (US)
Pages (from-to)159-183
Number of pages25
JournalJournal of Public Economics
Volume32
Issue number2
DOIs
StatePublished - Mar 1987

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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