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What triggers multiple job holding? An experimental investigation

Heather Dickey, Verity Watson and Alexandros Zangelidis ()

MPRA Paper from University Library of Munich, Germany

Abstract: This 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.

Keywords: Multiple-job holding; discrete choice experiment (search for similar items in EconPapers)
JEL-codes: J22 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dcm, nep-exp and nep-lab
Date: 2009-09
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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:17575

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