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Long social distancing
Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J. - 2022
Persistent link: https://www.econbiz.de/10014246562
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Remote work across jobs, companies, and space
Lambert, Peter; Hansen, Stephen; Bloom, Nicholas; … - 2023
Persistent link: https://www.econbiz.de/10014246453
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Measuring Economic Policy Uncertainty
Baker, Scott R. - 2015
find that policy uncertainty raises stock price volatility and reduces investment and employment in policy … foreshadow declines in investment, output, and employment in the United States and, in a panel VAR setting, for 12 major …
Persistent link: https://www.econbiz.de/10012457036
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Long Social Distancing
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
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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
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COVID-19 Is Also a Reallocation Shock
Barrero, Jose Maria - 2020
construct novel, forward-looking reallocation measures for jobs and sales. These measures rise sharply after February 2020 …, reaching rates in April that are 2.4 (3.9) times the pre-COVID average for jobs (sales). We also draw on special questions in … the pandemic. Unemployment benefit levels that exceed worker earnings, policies that subsidize employee retention …
Persistent link: https://www.econbiz.de/10012481720
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Are Ideas Getting Harder to Find?
Bloom, Nicholas - 2017
In many growth models, economic growth arises from people creating ideas, and the long-run growth rate is the product of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence from various industries, products, and firms showing that...
Persistent link: https://www.econbiz.de/10012453929
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Does Working from Home Work? Evidence from a Chinese Experiment
Bloom, Nicholas - 2013
About 10% of US employees now regularly work from home (WFH), but there are concerns this can lead to "shirking from home." We report the results of a WFH experiment at CTrip, a 16,000- employee, NASDAQ-listed Chinese travel agency. Call center employees who volunteered to WFH were randomly...
Persistent link: https://www.econbiz.de/10012459790
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The Evolution of Work from Home
Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J. - National Bureau of Economic Research - 2023
.S. business executives anticipate modest increases in the share of fully remote jobs at their own companies and in the share of … jobs with hybrid arrangements, whereby the employee splits the workweek between home and employer premises. Other factors …
Persistent link: https://www.econbiz.de/10014372443
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The finance uncertainty multiplier
Alfaro, Iván; Bloom, Nicholas; Lin, Xiaoji - 2018
We show how real and financial frictions amplify the impact of uncertainty shocks. We build a model with real frictions, and find adding financial frictions roughly doubles the impact of uncertainty shocks. Higher uncertainty alongside financial frictions induces the standard real-options...
Persistent link: https://www.econbiz.de/10011895833