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Project Description

Summary:  View help for Summary As the workforce ages, how will the work lives of older people evolve? One way to ease into retirement is to move to the gig economy where workers choose hours and intensity of work that fit their needs and capabilities. However, older workers are often reaping the benefits of the latter end of an implicit contract while gig economy workers are paid their marginal product. We show that age/earnings profiles in the traditional labor market are different than for Uber drivers. While the move to the gig economy generates flexibility, older workers are paid less than their younger coworkers.

Scope of Project

JEL Classification:  View help for JEL Classification
      D26 Crowd-Based Firms
      J14 Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
      J22 Time Allocation and Labor Supply
      J23 Labor Demand
      J26 Retirement; Retirement Policies
      J31 Wage Level and Structure; Wage Differentials
      L84 Personal, Professional, and Business Services


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