Upjohn Institute working paper ; 19-305
A search-theoretic model of the labor market with idiosyncratic fluctuations in hours worked, search both off- and on-the-job, and multiple jobholding is developed. Taking on a second job entails a commitment to hold onto the primary employer, enabling the worker to use the primary job as her outside option to bargain with the secondary employer. The model performs well at explaining multiple jobholding inflows and outflows, and it is informative for understanding the secular decline in multiple jobholding. While some worry that this decline heralds a less-flexible labor market, the model reveals that it has contributed to reducing search frictions.
W.E. Upjohn Institute Early Career Research Award 18-156-08
LABOR MARKET ISSUES; Employment relationships; Nonstandard work arrangements
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Lalé, Etienne. 2019. "Search and Multiple Jobholding." Upjohn Institute Working Paper 19-305. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research. https://doi.org/10.17848/wp19-305