Wage inflation and informal work

Anat Bracha; Mary A. Burke

doi:10.1016/j.econlet.2018.07.033

Wage inflation and informal work

Anat Bracha^*, Mary A. Burke

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

5 Scopus citations

Abstract

Despite the low unemployment rate in the United States, wage inflation has remained modest. This paper investigates whether hidden labor market slack in the form of informal “gig” economy work could help explain this puzzle. Using our Survey of Informal Work Participation for 2015–2016 we find that informal labor is negatively associated with wage growth at the census division level, while no such association exists between wage growth and unemployment rates.

Original language	English
Pages (from-to)	159-163
Number of pages	5
Journal	Economics Letters
Volume	171
DOIs	https://doi.org/10.1016/j.econlet.2018.07.033
State	Published - Oct 2018
Externally published	Yes

Bibliographical note

Publisher Copyright:
© 2018

Keywords

Gig economy
Labor market slack
Survey
Wage inflation

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.econlet.2018.07.033

Cite this

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Wage inflation and informal work

Abstract

Bibliographical note

Keywords

UN SDGs

Access to Document

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