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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
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 languageprocessing framework that we fit, test, and refine...
Persistent link: https://www.econbiz.de/10014254299
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 languageprocessing framework that we fit, test, and refine...
Persistent link: https://www.econbiz.de/10014229411
discuss some implications of the big shift for pay, productivity, and the pace of innovation. Over the next five years, U …
Persistent link: https://www.econbiz.de/10014377339
service for all Americans (“universal access”) would raise earnings-weighted labor productivity by an estimated 1.1% in the … would raise productivity, and it would promote greater economic and social resilience during future disasters that inhibit …
Persistent link: https://www.econbiz.de/10013217683
We analyse the impact of Covid-19 on productivity using data from an innovative monthly firm survey panel that asks for … quantitative impacts of Covid on inputs and outputs. We find total factor productivity (TFP) fell by up to 5% during 2020–21. The … overall impact combined large reductions in ‘within-firm’ productivity, with an offsetting positive ‘between-firm’ effects as …
Persistent link: https://www.econbiz.de/10013300951
discuss some implications of the big shift for pay, productivity, and the pace of innovation. Over the next five years, U …
Persistent link: https://www.econbiz.de/10014339132
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/10013351924
Drawing on data from the firm-level Survey of Business Uncertainty, we present three pieces of evidence that COVID-19 is a persistent reallocation shock. First, rates of excess job and sales reallocation over 24-month periods have risen sharply since the pandemic struck, especially for sales. We...
Persistent link: https://www.econbiz.de/10012653491
favorably surprised by their WFH productivity during the pandemic. Fifth, looking across individuals, employer plans for WFH … levels after the pandemic rise strongly with WFH productivity surprises during the pandemic. Sixth, looking across countries …
Persistent link: https://www.econbiz.de/10013426389