GIG WORKERS' FINANCIAL CONFIDENCE AND BEHAVIOR
Unknown author
What the paper says
This paper offers critical perspectives on the relationship of financial confidence of non-traditional workers and their financial and work behavior.Understanding the socioeconomic characteristics of gig workers could empower their standard of living, affect how they impact gig workers' healthcare, and illustrate a more complete economic picture of gig workers.The gig economy is changing the work and lifestyle of many people and has captured worldwide public attention.Supplemental income and flexible working style increasingly attract people to the gig economy, but there are both positive and negative consequences for the workers and society.We show that the majority of gig workers have higher debt loads, engage in predatory lending, and suffer from cost-prohibitive healthcare utilization.However, we also find that gig workers have relatively high financial confidence.These findings have implications for the motivation to do gig work and to survive in difficult times.
3 citations
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.07 × 0.4 = 0.03 |
| M · momentum | 0.80 × 0.15 = 0.12 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.