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The Work-from-Home Technology Boon and its Consequences / Morris A. Davis, Andra C. Ghent, Jesse M. Gregory.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Davis, Morris A.
Contributor:
National Bureau of Economic Research.
Ghent, Andra C.
Gregory, Jesse M.
Series:
Working Paper Series (National Bureau of Economic Research) no. w28461.
NBER working paper series no. w28461
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2021.
Summary:
We study the impact of widespread adoption of work-from-home (WFH) technology using an equilibrium model where people choose where to live, how to allocate their time between working at home and at the office, and how much space to use in production. Motivated by cross-sectional evidence on WFH, we model WFH as a complement to work at the office. Simulations of the model indicate that the pandemic induced a large change to the relative productivity of WFH that substantially increased home prices and will permanently affect incomes, income inequality, and city structure.
Notes:
Print version record
February 2021.

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