Quantifying the Value of Gig Platform and Self- Employment Across Locations
Early Career Research Award
Gig work provides alternative earning opportunities, and complements the offline labor market particularly during periods of unemployment and declining wages. However, much remains to be known about patterns of transition between platform work and regular employment. We focus on a large global online platform which accounted for a large share of self-employment activity in the US since 2020. The project uses a structural model to estimate the value created by the platform across geographic locations, and examine factors contributing to the elasticity of substitution between formal and platform work.