Testing economic models of volunteer labour supply: some empirical evidence for the German Red Cross |
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Authors: | Eike Emrich Christian Pierdzioch |
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Affiliation: | 1. Department of Sports Science, Saarland University, 66123 Saarbrücken, Germanye.emrich@mx.uni-saarland.de;3. Department of Economics, Helmut Schmidt University, 22043 Hamburg, Germany |
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Abstract: | We use a new data set collected by means of a questionnaire study of volunteers of the German Red Cross to test predictions of three competing economic models of volunteer labour supply: the public-goods model, the private-consumption model and the human-capital model. The three competing economic models make different predictions regarding the response of a volunteer’s labour supply to a change in the perceived labour supply of other volunteers. Our empirical results lend support to the public-goods model. |
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Keywords: | volunteer labour supply economic models German Red Cross |
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