FESAC Slides Jonathan Hall Chief Economist Uber Technologies Uber - - PowerPoint PPT Presentation

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FESAC Slides Jonathan Hall Chief Economist Uber Technologies Uber - - PowerPoint PPT Presentation

Nov 09, 2023 118 likes •359 views

FESAC Slides Jonathan Hall Chief Economist Uber Technologies Uber Labor Market Primer Prices are Falling Prices are Falling Earnings Are Stable While Prices Fall Earnings Are Stable While Prices Fall Productivity vs Consumer Surplus The

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FESAC Slides

Jonathan Hall Chief Economist Uber Technologies

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Uber Labor Market Primer

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Prices are Falling

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Prices are Falling

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Earnings Are Stable While Prices Fall

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Earnings Are Stable While Prices Fall

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Productivity vs Consumer Surplus

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“The findings reinforce our skepticism that Uber, and “gig work” more broadly, represent the “future

  • f work.” Our results indicate that Uber drivers earn low wages and compensation and the total hours

and compensation in the gig economy represent a very small share of total hours and compensation in the overall economy. These findings—and the fact that many Uber and other workers who provide personal services via a digital platform do so on a part-time basis primarily as a way to earn supplementary income—argue for a change in perspective. There has been much hype around Uber and the gig economy. But in our assessment, in any conference on the future of work, Uber and the gig economy deserve at most a workshop, not a plenary.” -Larry Mishel

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Profit vs. Producer Surplus

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Independent Work

Employees, almost by definition, are easier to measure

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Thank You

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Sources

  • Hall and Kreuger,

https://drive.google.com/file/d/0B1s08BdVqCgrZWZkV0ZfZnhGUGc/view

  • Angrist, Coldwell and Hall, http://economics.mit.edu/files/13947
  • Chen, Chevalier, Rossi; and Oehlsen,

https://drive.google.com/file/d/0B1s08BdVqCgrU084cVo2ZWJSUGM/view

  • Hall, Horton, and Knoepfle, http://john-joseph-

horton.com/papers/uber_price.pdf

  • Cohen et al,

http://www.datascienceassn.org/sites/default/files/Using%20Big%20Data%20t

  • %20Estimate%20Consumer%20Surplus%20at%20Uber.pdf
  • Cook et al, https://web.stanford.edu/~diamondr/UberPayGap.pdf