Air Reserve Personnel Study

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

by Bernard D. Rostker, Robert Shishko

Download

Download eBook for Free

FormatFile SizeNotes
PDF file 1.2 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Purchase

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback38 pages $20.00 $16.00 20% Web Discount

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. If these results hold for the Air Reserve Forces, it will be costly to replace draft-induced enlistees with volunteers from the moonlighting labor market. Since the absolute value of the moonlighting wage rate elasticity is greater than the absolute value of the primary wage rate elasticity, there will be some relief if the two increase at the same rate.

This report is part of the RAND Corporation Report series. The report was a product of the RAND Corporation from 1948 to 1993 that represented the principal publication documenting and transmitting RAND's major research findings and final research.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.