We examine workers' ability to work from home, as well as their propensity to actually work from home in developing countries. We use worker-level STEP data covering the task content of jobs to measure the ability to work from home. While the ability to WFH is low in developing countries, it...

We study the life cycle of portfolio allocation following for 15 years a large random sample of Norwegian households using error-free data on all components of households’ investments drawn from the Tax Registry. Both, participation in the stock market and the portfolio share in stocks, have...

This article discusses many of the factors contributing to the fiscal crisis at the local level in New York including historic decreases in federal and state revenue sharing, the imposition of a new property tax cap, the failure of New York to meaningfully address the subject of unfunded...

Using error-free data on life-cycle portfolio allocations of a large sample of Norwegian households, we document a double adjustment as households age: a rebalancing of the portfolio composition away from stocks as they approach retirement and stock market exit after retirement. When...

We examine workers' ability to work from home, as well as their propensity to actually work from home in developing countries. We use worker-level STEP data covering the task content of jobs to measure the ability to work from home. While the ability to WFH is low in developing countries, it...

We study the life cycle of portfolio allocation following for 15 years a large random sample of Norwegian households using error-free data on all components of households' investments drawn from the Tax Registry. Both, participation in the stock market and the portfolio share in stocks, have...

We measure the effect of lockdown policies on employment and GDP across countries using individual- and sector-level data. Employment effects depend on the ability to work from home, which ranges from about half of total employment in rich countries to around 35% in poor countries. This gap...