Multiple Job Holding as a 'Hedge' Against Unemployment
Abstract
This paper explores a possible link between job security and multiple job-holding in the United Kingdom. It is argued that an individual may hold a second job if they believe that their primary job has a high risk of termination. The reason is that holding a second job may cushion the financial impact of losing the main source of earnings, especially if there is scope for increasing the number of hours worked in the second job. Data from four waves of the British Household Panel Study are used to test this hypothesis. The empirical analysis provides (at best) very weak evidence in support of hedging behaviour of this type.Download Info
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Bibliographic Info
Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1626.Length:
Date of creation: Apr 1997
Date of revision:
Handle: RePEc:cpr:ceprdp:1626
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Related research
Keywords: Job Insecurity; Labour Supply; Multiple Job-holding; Unemployment;Find related papers by JEL classification:
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Amuedo-Dorantes, Catalina & Kimmel, Jean, 2005. "Moonlighting Behavior over the Business Cycle," IZA Discussion Papers 1671, Institute for the Study of Labor (IZA).
- Böckerman, Petri, 2002.
"Perception of job instability in Europe,"
MPRA Paper
4701, University Library of Munich, Germany.
- Petri Böckerman, 2004. "Perception of Job Instability in Europe," Social Indicators Research, Springer, vol. 67(3), pages 283-314, July.
- Livanos, Ilias & Zangelidis, Alexandros, 2008. "Multiple-Job Holding Among Male Workers in Greece," MPRA Paper 17031, University Library of Munich, Germany.
- Heineck, Guido & Schwarze, Johannes, 2004. "Fly Me to the Moon: The Determinants of Secondary Jobholding in Germany and the UK," IZA Discussion Papers 1358, Institute for the Study of Labor (IZA).
- Böheim, René & Taylor, Mark P., 2004.
"And in the evening she's a singer with the band: second jobs, plight or pleasure,"
ISER Working Paper Series
2004-03, Institute for Social and Economic Research.
- Böheim, René & Taylor, Mark, 2004. "And in the Evening She's a Singer with the Band – Second Jobs, Plight or Pleasure?," IZA Discussion Papers 1081, Institute for the Study of Labor (IZA).
- Heineck, Guido, 2009. "The determinants of secondary jobholding in Germany and the UK," Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 42(2), pages 107-120.
- Panos, Georgios A. & Pouliakas, Konstantinos & Zangelidis, Alexandros, 2009.
"The Inter-Related Dynamics of Dual Job Holding, Human Capital and Occupational Choice,"
IZA Discussion Papers
4437, Institute for the Study of Labor (IZA).
- Pouliakas, Konstantinos & Panos, Georgios & Zangelidis, Alexandros, 2009. "The Inter-Related Dynamics of Dual Job Holding, Human Capital and Occupational Choice," MPRA Paper 16859, University Library of Munich, Germany.
- Robinson, Helen & Wadsworth, Jonathan, 2006.
"The Impact of the Minimum Wage on the Incidence of Second Job Holding in Britain,"
Cardiff Economics Working Papers
E2006/14, Cardiff University, Cardiff Business School, Economics Section.
- Robinson, Helen & Wadsworth, Jonathan, 2006. "The Impact of the Minimum Wage on the Incidence of Second Job Holding in Britain," IZA Discussion Papers 2445, Institute for the Study of Labor (IZA).
- Catalina Amuedo-Dorantes & Jean Kimmel, 2007.
"Moonlighting over the Business Cycle,"
Working Papers
0028, San Diego State University, Department of Economics.
- Catalina Amuedo-Dorantes & Jean Kimmel, 2009. "Moonlighting Over The Business Cycle," Economic Inquiry, Western Economic Association International, vol. 47(4), pages 754-765, October.
- Dickey, Heather & Watson, Verity & Zangelidis, Alexandros, 2009. "What triggers multiple job holding? An experimental investigation," MPRA Paper 17575, University Library of Munich, Germany.
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