The ride-sharing economy – The Marginal REVOLUTION

This paper examines the impact of the emergence of the “gig economy” on the broader labor market through the dramatic introduction of the ride-sharing service Uber to American Cities between 2013 and 2018. Classification methods are used, Callaway and Sant’Anna’s. double power estimation of the difference, Chaisemartin and D’Haultoeuille correcting the time of the Wald estimator, and the artificial control method of Abadie et al, I estimate that the arrival of Uber in the city caused a decrease in the unemployment rate between five and a half. of a percentage point. This suggests that Uber has allowed many workers to supplement their income during periods of unemployment, establishing the ride-sharing service as a complement to, rather than a substitute for, traditional employment. I also find evidence that Uber has had a very small positive effect on wages at the lower end of the wage distribution, suggesting that Uber may have changed the labor market or affected bargaining power.

Here is the full paper from Tucker Omberg, by Stefan Schubert.



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