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Two extraordinary U.S. labor market developments facilitated the sharp disinflation in 2022-23 without raising the unemployment rate. First, pandemic-driven infection worries and social distancing intentions caused a sizable drag on labor force participation that began to reverse in the first...
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We study the adoption of remote work within cities and its effect on city structure and welfare. We develop a dynamic model of a city in which workers can decide to work in the central business district (CBD) or partly at home. Working in the CBD allows them to interact with other commuters,...
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Two extraordinary U.S. labor market developments facilitated the sharp disinflation in 2022-23 without raising the unemployment rate. First, pandemic-driven infection worries and social distancing intentions caused a sizable drag on labor force participation that began to reverse in the first...
Persistent link: https://www.econbiz.de/10014550371
to after the pandemic once a measure of political partisanship (Democratic vote share in the 2020 presidential election …) is included in the model. An increase in 2020 Democratic vote share of one standard deviation (about 9 percentage points … only a rich set of individual controls (e.g., occupational telework potential) but also several different state …
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A substantial fraction of schools and childcare facilities in the United States closed their in-person operations during the COVID-19 pandemic. These closures may carry substantial costs to the families of affected children. In this paper, we examine the impact of school and childcare closures...
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