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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
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
COVID-19 drove a mass social experiment in working from home (WFH). We survey more than 30,000 Americans over multiple waves to investigate whether WFH will stick, and why. Our data say that 20 percent of full workdays will be supplied from home after the pandemic ends, compared with just 5...
Persistent link: https://www.econbiz.de/10012510610
We identify novel technologies using textual analysis of patents, job postings, and earnings calls. Our approach enables us to identify and document the diffusion of 29 disruptive technologies across firms and labor markets in the U.S. Five stylized facts emerge from our data. First, the...
Persistent link: https://www.econbiz.de/10012599289
service conditional on age, employment status, earnings, working arrangements, and other controls. In short, universal access …
Persistent link: https://www.econbiz.de/10012599392
We examine several measures of uncertainty to make five points. First, equity market traders and executives at nonfinancial firms have shared similar assessments about one-year-ahead uncertainty since the pandemic struck. Both the one-year VIX and our survey-based measure of firm-level...
Persistent link: https://www.econbiz.de/10013191053
We use survey data on an opt-in panel of around 2,500 US small businesses to assess the impact of COVID-19. We find a significant negative sales impact that peaked in Quarter 2 of 2020, with an average loss of 29% in sales. The large negative impact masks significant heterogeneity, with over 40%...
Persistent link: https://www.econbiz.de/10012482532
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that intensively use information technologies (IT). This has not occurred in Europe. If the US "productivity miracle" is due to a natural advantage of being located in the US then we...
Persistent link: https://www.econbiz.de/10012465569