Template-type: ReDIF-Paper 1.0
Author-Name: Bechetti, Leonardo
Author-Email: becchetti@economia.uniroma2.it 
Author-Name:  Conzo, Pierluigi 
Author-Email: pierluigi.conzo@unito.it
Author-Name:  Di Febbraro, Mirko
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: Voluntary Work, Health and Subjective Wellbeing: a Resource for Active Ageing.
Abstract: The hypothesis that active community involvement is beneficial for health finds strong support in
the medical literature and in most policy guidelines for active ageing in OECD countries. We testit empirically 
documenting that lagged voluntary work is significantly correlated with later changes in various aggregated and 
disaggregated health indicators. However, when controlling for panel attrition, endogeneity and reverse causality, 
the positive effect of voluntary work remains robust only for a limited number of indicators. We calculate the 
monetary equivalent of health-related subjective wellbeing benefits of volunteer work with the compensating variation
approach and compare it with benefits in terms of the social value of increased longevity. 
Length: 60 pages
Creation-Date: 2015-02
File-URL: http://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2015dip/wp_11_2015.pdf
File-Format: Application/PDF
Handle: RePEc:uto:dipeco:201511