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We derive a model in which firms operate in an epidemic environment and internalize infections among their employees in … the workplace. The model is calibrated to fit the properties of the Covid-19 epidemic. We show that firms have incentives …
Persistent link: https://www.econbiz.de/10012258622
We use the most recent wave of the German Qualifications and Career Survey and reveal a substantial wage premium in a Mincer regression for workers performing their job from home. The premium persists within narrowly defined jobs and after controlling for workplace activities and accounts to...
Persistent link: https://www.econbiz.de/10012206056
We use data from the EU Labour Force Survey for 8 countries and document the levels of working from home in the sample countries, industries, and occupations in the 2011-2019 period and its changes in 2020, the year when the COVID-19 pandemic started. We show that there are significant...
Persistent link: https://www.econbiz.de/10013365367
We estimate the impact of Covid-induced working from home (WFH) on offline consumer spending in urban agglomerations. Our analysis draws on postcode-level data on card transactions and WFH patterns in major German cities between January 2019 and May 2022. We address endogeneity in WFH uptake by...
Persistent link: https://www.econbiz.de/10013411572
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/10013365385
effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and …
Persistent link: https://www.econbiz.de/10012206687
This research explores the persistent effect of the Neolithic Revolution on the evolution of life expectancy in the course of human history. It advances the hypothesis and establishes empirically that the onset of the Neolithic Revolution and the associated rise in infectious diseases triggered...
Persistent link: https://www.econbiz.de/10013171007
We study planned price changes in German firm-level survey data to infer the relative importance of supply and demand during the Covid-19 pandemic. Supply and demand forces coexist, but demand deficiencies dominate in the short run. Quarter-on-quarter producer price inflation is predicted to...
Persistent link: https://www.econbiz.de/10012238496
Aggressive behavior against out-group members often rises during periods of economic hardship and health pandemics. Here we test the widespread concern that the Covid-19 crisis may fuel hostility against people from other nations or ethnic minorities. Using a controlled money-burning task, we...
Persistent link: https://www.econbiz.de/10012219382
We explore how inherent preferences for reciprocity and repeated interaction interact in an optimal incentive system. Developing a theoretical model of a long-term employment relationship, we first show that reciprocal preferences are more important when an employee is close to retirement. At...
Persistent link: https://www.econbiz.de/10011718616