Gig Economy Regulation and Labor Market Effects
Simulates the cascading effects of gig worker classification changes on labor markets, platform economics, and consumer prices.
Key findings
- Employee classification increases platform labor costs 20-30% but reduces worker turnover by 40%.
- Consumer price increases of 10-15% reduce demand 8-12%, partially offset by improved service quality.
- Hybrid classification models preserve 80% of flexibility benefits while providing 60% of employment protections.