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Persistent link: https://www.econbiz.de/10014246562
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
There has been a dramatic rise in disability employment in the US since the pandemic, a pattern mirrored in other … microdata, we find the increase in disability employment is concentrated in occupations with high levels of working from home … increases full-time employment by 1.1% for individuals with a physical disability. A back of the envelope calculation reveals …
Persistent link: https://www.econbiz.de/10015072885
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
We argue that greater misallocation is a key driver of the worse management practices in Mexico compared to the US. These management practices are strongly associated with higher productivity, growth, trade, and innovation. One indicator of greater misallocation in Mexico is the weaker...
Persistent link: https://www.econbiz.de/10012938686
Persistent link: https://www.econbiz.de/10011595592
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