What triggers multiple job holding? An experimental investigation
AbstractThis paper presents an empirical examination of individuals’ motivations for multiple-job holding or moonlighting. Theoretical models of moonlighting suggest that individuals to hold a second job for either financial reasons (they face hours-constraints in their first job) or non-pecuniary motives (heterogeneous jobs). We assess the relative importance of these reasons using a purposefully collected stated preference data set. We find that individuals respond to financial constraints by having multiple-jobs, but these financial motives are not sufficient to explain moonlighting. We also find that individuals are attracted to the non-pecuniary aspects of the second jobs, such as job satisfaction and entrepreneurial opportunities. Furthermore, we find evidence that second job holding may be a hedging strategy against job insecurity in the primary job. Our empirical results contribute to a better understanding of this labour market behaviour.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 17575.
Date of creation: Sep 2009
Date of revision:
Multiple-job holding; discrete choice experiment;
Find related papers by JEL classification:
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-10-03 (All new papers)
- NEP-DCM-2009-10-03 (Discrete Choice Models)
- NEP-EXP-2009-10-03 (Experimental Economics)
- NEP-LAB-2009-10-03 (Labour Economics)
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