Showing results 1 - 7 of 7
| Christopher Stanton
2020, Paper: "The gig economy characterizes a wide variety of shortterm freelance work, typically intermediated via online platforms that facilitate matching between buyers and providers. The widespread growth of ride-sharing platforms such as Uber and Lyft has led many to equate gig-economy work with tasks carried out face to face after matching on a platform. However, many gigs or tasks can be both contracted and performed remotely,…
| Zoe B. Cullen | Edward Glaeser | Christopher Stanton | Adi Sunderam
July 7, 2020, Paper, "The Paycheck Protection Program (PPP) aimed to quickly deliver hundreds of billions of dollars of loans to small businesses, with the loans administered via private banks. In this paper, we use firm-level data to document the demand and supply of PPP funds. Using an instrumental variables approach, we find that PPP loans led to a 14 to 30 percentage point increase in a business’s expected survival, and a positive but…
| Zoe B. Cullen | Edward Glaeser | Christopher Stanton
2020, Paper, "The threat of COVID-19 has increased the health risks of going to an office or factory, leading more workers to do their jobs remotely. In this paper, we provide results from firm surveys on both small and large businesses on the prevalence and productivity of remote work, and expectations about the persistence of remote work once the COVID-19 crisis ends. We present four main findings. First, while overall levels of remote work…
| Edward Glaeser | Christopher Stanton | Zoe B. Cullen
June 2020, Paper, "How quickly will American businesses reopen after COVID-19 lockdowns end? We use a nationwide survey of small businesses to measure firms’ expectations about their re-opening and future demand. A plurality of firms in our sample expect to reopen within days of the end of legal restrictions, but a sizable minority expect to delay their reopening. While health-related variables, such as COVID-19 case rates and physical proximity…
| Edward Glaeser | Christopher Stanton
April 13, 2020, Opinion, "It will be years before we fully understand the economic impact of the coronavirus, but one thing is painfully clear right now: Small businesses across the country are facing an existential threat. Businesses with fewer than 500 employees account for 48% of American jobs and 43.5% of GDP. Yet while these…
| Edward Glaeser | Christopher Stanton
How Are Small Businesses Adjusting to COVID-19? Early Evidence From a Survey. Zoë Cullen, Edward Glaeser, Michael Luca, Christopher Stanton, 2020, Paper, "In addition to its impact on public health, COVID-19 has had a major impact on the economy. To shed light on how COVID-19 is affecting small businesses – and on the likely impact of the recent stimulus bill, we conducted a survey of more than 5,800 small businesses. Several main themes emerge…
| William Kerr | Christopher Stanton
Stickiness on digital labour platforms and ethnic networks. William Kerr, Christopher Stanton, August 27, 2018, Opinion, "Online labour platforms such as Upwork facilitate interactions between employers and employees for a wide range of tasks. This column provides some first evidence on flows and substitution across countries on these new digital platforms. In contrast to classic trade patterns in products, contract placements via Upwork are…