Is it all about money? An examination of the motives behind moonlighting

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Abstract:

Multiple-job holding is an important labour market phenomenon. In this article, we examine individuals’ motives for multiple-job holding. Specifically, we estimate an empirical model of the motivation for moonlighting assuming that individuals hold a second job for either financial or for nonpecuniary motives. Our results contribute to a better understanding of multiple-job holding. We find that multiple-job holding is used by individuals as a way to deal with the financial difficulties or the increased financial commitments in their household. Individuals are more likely to moonlight for money in the early stages of their adult life. Finally, individuals with more labour market experience are more likely to moonlight for pecuniary than nonpecuniary reasons.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/00036841003724403

Affiliations: 1: Department of Economics,Business School, University of Aberdeen, Edward Wright Building, Dunbar StreetOld Aberdeen AB24 3QY, Scotland 2: Health Economics Research Unit, Institute of Applied Health Sciences, University of Aberdeen, ForesterhillAberdeen AB25 2ZD, Scotland

Publication date: October 1, 2011

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