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A methodology for measuring the collaborative economy

October 16, 2018 Bilal 0

A methodology for measuring the collaborative economy https://ift.tt/2RJJvbh The collaborative economy is statistically elusive. Firstly, there is no commonly accepted definition. Further, the collaborative economy is cross-sectoral and does not fit easily inside official classification schemes, such as the European Nomenclature of Economic Activities (NACE), which are functionally organised.1 Typical economic variables such as revenue and employment are difficult to trace because, in contrast to traditional pipeenterprises, collaborative platforms are able to spread supply across an array of small-scale non-professional providers2 (Figure 1). The earnings of these providers may fall through the net of enterprise surveys and may be under-reported in labour force […]

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Best of the Web: Tooth Phones, Mid-life Crises and Toilet Issues…

September 15, 2018 Bilal 0

Here’s my latest batch of articles from around the web. In land of Facebook and Google The New Yorker has an excellent interview with Facebook’s Mark Zuckerberg. It comes in the New Yorker’s usual long-form essay of 15,000 words! It’s worth a worth a read, though. Some of it is funny  – Zuckerberg cannot handle losing to a child at scrabble, other parts are worrying like his apparent lack of urgency around limiting the use of Facebook or WhatsApp by groups oppressing minorities from Myanmar to India. I still can’t believe he is only 34 years old and is in […]

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The Online Gig Economy’s ‘Race to the Bottom’

September 5, 2018 Bilal 0

The Online Gig Economy’s ‘Race to the Bottom’ https://ift.tt/2LHTFVZ But that also means similarly talented people can charge equal rates, regardless of their actual qualifications, even if they live in countries that have vastly different costs of living—and that Americans and other skilled workers in the developed world have a particularly hard time competing. That’s partly why the Harvard economist Richard B. Freeman warned more than a decade ago that the growth of the global workforce, with its proliferation of educated workers everywhere, “presents the U.S. economy with the greatest challenge since the Great Depression.”Monika Taylor lives in the United […]

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Insecure, Low-Paying Jobs Can Become Good Jobs, If Cities Step Up

September 5, 2018 Bilal 0

Insecure, Low-Paying Jobs Can Become Good Jobs, If Cities Step Up https://ift.tt/2oGUswZ A 7-Eleven employee serves a customer in Santa Monica, California. Lucy Nicholson/Reuters Why Cities Must Take the Lead on Upgrading Service Jobs Millions of U.S. workers hold insecure jobs that don’t pay enough to support a family. That needs to change, and cities can lead the way. This Labor Day, with President Trump in office, it’s time to realize that the task of creating good jobs for more Americans rests with its cities. Just as cities have led on climate change and minimum wage, they should lead on […]

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How the U.S. economy turned six good jobs into bad ones

September 5, 2018 Bilal 0

How the U.S. economy turned six good jobs into bad ones https://ift.tt/2wCqGOs Sue Sweeney works on a transmission at her garage in Upper Darby, Pa., on Aug. 7. Auto repair and auto dealerships both figure high on the list of professions that are no longer a ticket to the middle class. (Dominick Reuter/AFP/Getty Images) (DOMINICK REUTER/AFP/Getty Images) Changes in the labor market have upended myriad jobs that used to pay well, dragging down wages and leaving millions of American workers feeling misled and frustrated. To illustrate this dynamic, we isolated six industries that provided an above-average weekly paycheck in the […]

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Monetary Policy and Superstar Firms

September 5, 2018 Bilal 0

Monetary Policy and Superstar Firms https://ift.tt/2CenRbu The yearly Jackson Hole gathering of central bankers has focused this year on the topic of changing market structure, the rise of superstar firms, and the implications of the way they compete for central banks. Last year, David Autor et al. suggested a new interpretation of the fall in the labour share based on the rise of “superstar firms.” If globalisation or technological changes give an advantage to the most productive firms in each industry, product market concentration will rise as industries become increasingly dominated by superstar firms with high profits and a low share of […]

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Teachers Are Moonlighting As Instagram Influencers To Make Ends Meet

September 5, 2018 Bilal 0

Teachers Are Moonlighting As Instagram Influencers To Make Ends Meet https://ift.tt/2PVyJOe Lixia Guo / BuzzFeed News If you saw Amy Groesbeck during school hours, you’d think she’s just your typical third-grade teacher. But when the 33-year-old goes home each evening, that’s when her second job begins. She pulls out her iPad and logs into Instagram — where she has more than 90,000 followers. “I lock myself in the office and spend at least six hours a day working on products and creating images to post on Instagram and things like that,” she told BuzzFeed News. “It really is a second […]

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Measuring the Gig Economy: Current Knowledge and Open Issues — by Katharine G. Abraham, John C. Haltiwanger, Kristin Sandusky, James R. Spletzer

September 4, 2018 Bilal 0

Measuring the Gig Economy: Current Knowledge and Open Issues — by Katharine G. Abraham, John C. Haltiwanger, Kristin Sandusky, James R. Spletzer https://ift.tt/2wEM6KJ Measuring the Gig Economy: Current Knowledge and Open Issues NBER Working Paper No. 24950 Issued in August 2018 NBER Program(s):Labor Studies The rise of the “gig economy” has attracted wide attention from both scholars and the popular media. Much of this attention has been devoted to jobs mediated through various online platforms. While non-traditional work arrangements have been a perennial subject of debate and study, the perception that new technology is producing an accelerated pace of change […]

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Use our personal data for the common good

September 2, 2018 Bilal 0

Use our personal data for the common good https://ift.tt/2GeKiuO Data science brings enormous potential for good — for example, to improve the delivery of public services, and even to track and fight modern slavery. No wonder researchers around the world — including members of my own organization, the Royal Statistical Society in London — have had their heads in their hands over headlines about how Facebook and the data-analytics company Cambridge Analytica might have handled personal data. We know that trustworthiness underpins public support for data innovation, and we have just seen what happens when that trust is lost. Allegations […]

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Nonrivalry and the Economics of Data

September 2, 2018 Bilal 0

Christopher Tonetti – Home Page https://ift.tt/2PtVmbz http://christophertonetti.com/files/papers/JonesTonetti_DataNonrivalry.pdf Publish via September 2, 2018 at 12:42PM https://ift.tt/2PtVmbz