Air Reserve Personnel Study: Vol. II, The Air Reserve Forces and the Economics of Secondary Labor Market Participation

Air Reserve Personnel Study: Vol. II, The Air Reserve Forces and the Economics of Secondary Labor Market Participation

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Investigates the determinants of the aggregate supply function of moonlighting labor in terms of demographic and market factors. The Tobit model of limited dependent variables was used to estimate a moonlighting supply curve from data from the Income Dynamics Panel study. The elasticity of supply with respect to moonlighting wages was found to be about 1.1 for hours and 0.9 for participation.