How COVID changed the way Americans work, and how much money they have
According to a new paper in the Review of Economic Studies, published by Oxford University Press, the widespread adoption of work-from-home technology has had dramatic consequences for American life. Using an equilibrium model where people choose where to live and how to allocate their time between working at home and at the office, the researchers here find that the pandemic induced a substantial increase in the relative productivity of those working from home. This change has increased housing prices, reduced office rent costs, and will permanently ...














