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Wiley InterScience

Economica

Economica

Volume 75 Issue 297, Pages 39 - 59

Published Online: 27 Dec 2007

© 2010 The London School of Economics and Political Science



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Is Volunteering Rewarding in Itself?
STEPHAN MEIER and ALOIS STUTZER
  Federal Reserve Bank of Boston
  University of Basel
Copyright © The London School of Economics and Political Science 2007

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.


Final version received 10 July 2006.

DIGITAL OBJECT IDENTIFIER (DOI)
10.1111/j.1468-0335.2007.00597.x About DOI

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