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Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J. - National Bureau of Economic Research - 2022

More than ten percent of Americans with recent work experience say they will continue social distancing after the COVID-19 pandemic ends, and another 45 percent will do so in limited ways. We uncover this Long Social Distancing phenomenon in our monthly Survey of Working Arrangements and...

Persistent link: https://www.econbiz.de/10013435130

Sticky Wages on the Layoff Margin

Davis, Steven J.; Krolikowski, Pawel - National Bureau of Economic Research - 2023

We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage … efficient separations that holds in leading theories of job separations, frictional unemployment, and job ladders. We draw on …

Persistent link: https://www.econbiz.de/10014337762

Remote Work across Jobs, Companies, and Space

Hansen, Stephen; Lambert, Peter; Bloom, Nicholas; … - National Bureau of Economic Research - 2023

The pandemic catalyzed an enduring shift to remote work. To measure and characterize this shift, we examine more than 250 million job vacancy postings across five English-speaking countries. Our measurements rely on a state-of-the-art language-processing framework that we fit, test, and refine...

Persistent link: https://www.econbiz.de/10014247927

Working from Home Around the World

Aksoy, Cevat Giray; Barrero, Jose Maria; Bloom, Nicholas; … - National Bureau of Economic Research - 2022

The pandemic triggered a large, lasting shift to work from home (WFH). To study this shift, we survey full-time workers who finished primary school in 27 countries as of mid 2021 and early 2022. Our cross-country comparisons control for age, gender, education, and industry and treat the U.S....

Persistent link: https://www.econbiz.de/10013388802

The Shift to Remote Work Lessens Wage-Growth Pressures

Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J.; … - National Bureau of Economic Research - 2022

The recent shift to remote work raised the amenity value of employment. As compensation adjusts to share the amenity-value gains with employers, wage-growth pressures moderate. We find empirical support for this mechanism in the wage-setting behavior of U.S. employers, and we develop novel...

Persistent link: https://www.econbiz.de/10013334415

The Evolution of Work from Home

Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J. - National Bureau of Economic Research - 2023

Full days worked at home account for 28 percent of paid workdays among Americans 20-64 years old, as of mid 2023, according to the Survey of Working Arrangements and Attitudes. That's about four times the 2019 rate and ten times the rate in the mid-1990s that we estimate in time-use data. We...

Persistent link: https://www.econbiz.de/10014372443

The Big Shift in Working Arrangements : Eight Ways Unusual

Davis, Steven J. - National Bureau of Economic Research - 2024

The COVID-19 pandemic instigated a big shift in working arrangements. I first describe the scale of this shift in the United States, drawing on the Survey of Working Arrangements and Attitudes and other sources. I then review differences, circa 2023, in work-from-home rates across industries,...

Persistent link: https://www.econbiz.de/10014528401

Business Volatility, Job Destruction, and Unemployment

Davis, Steven J. - 2008

Unemployment inflows fell from 4 percent of employment per month in the early 1980s to 2 percent or less by the mid … parameter in search and matching models of unemployment. According to these models, a lower intensity of idiosyncratic shocks … produces less job destruction, fewer workers flowing through the unemployment pool and less frictional unemployment. To …

Persistent link: https://www.econbiz.de/10012464347

Recessions and the Cost of Job Loss

Davis, Steven J. - 2011

-displacement earnings if displaced in mass-layoff events that occur when the national unemployment rate is below 6 percent. They lose a … staggering 2.8 years of pre-displacement earnings if displaced when the unemployment rate exceeds 8 percent. These results … opportunities respond to contemporaneous economic conditions. Finally, we confront leading models of unemployment fluctuations with …

Persistent link: https://www.econbiz.de/10012461019