Faculty News

Professor Arun Sundararajan discusses the impact of the sharing economy on modes of work and wages

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Excerpt from BBC -- "There are plenty of jobs where you don't actually have to be physically co-located with the customer... and certainly for those kinds of jobs, I think you're not really constrained as much as you were by immigration policy or by whether the person is actually in the same city as the customer... For the jobs where the geographic barriers break down and anyone from anywhere can provide work, you do see in the short run sort of a downward pressure on wages, but for a lot of the other jobs where actually being physically present in the same place is important, I'm actually seeing an increase in wages relative to the US averages."

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