| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27183 |
| 来源ID | Working Paper 27183 |
| Launching with a Parachute: The Gig Economy and New Business Formation | |
| John M. Barrios; Yael V. Hochberg; Hanyi Yi | |
| 发表日期 | 2020-05-18 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | The introduction of the gig economy creates opportunities for would-be entrepreneurs to supplement their income in downside states of the world and provides insurance in the form of an income fallback in the event of failure. We present a conceptual framework supporting the notion that the gig economy may serve as an income supplement and as insurance against entrepreneurial-related income volatility, and utilize the arrival of the on-demand, platform-enabled gig economy in the form of the staggered rollout of ridehailing in U.S. cities to examine the effect of the arrival of the gig economy on new business formation. The introduction of gig opportunities is associated with an increase of ~5% in the number of new business registrations in the local area, and a correspondingly-sized increase in small business lending to newly registered businesses. Internet searches for entrepreneurship-related keywords increase ~7%, lending further credence to the predictions of our conceptual framework. Both the income supplement and insurance channels are empirically supported: the increase in entry is larger in regions with lower average income and higher credit constraints, as well as in locations with higher ex-ante economic uncertainty regarding future wage levels and wage growth. |
| 主题 | Financial Economics ; Corporate Finance ; Labor Economics ; Industrial Organization ; Firm Behavior ; Development and Growth ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w27183 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584856 |
| 推荐引用方式 GB/T 7714 | John M. Barrios,Yael V. Hochberg,Hanyi Yi. Launching with a Parachute: The Gig Economy and New Business Formation. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27183.pdf（590KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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