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The official account of Princeton University. In the Nation’s Service and the Service of Humanity.
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VoxDev
@voxdev.bsky.social
· 13h
How to value the time of the self-employed
Valuing the time of the self-employed is crucial for evaluating interventions and conducting cost-benefit analysis. Yet research often misprices this value at zero or equal to market wages. New evidence from Kenya suggests a practical fix: value unpaid self-employed labour at 60% of the local market wage.
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Reposted by Princeton University
Reposted by Princeton University
Reposted by Princeton University
Reposted by Princeton University