Work
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“There’s a massive reallocation shock,” said Nicholas Bloom, professor of economics at Stanford. The recession “hits different sectors differently. Some benefit and some fall."
June 14, 2020
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A two-year study done by Senior Fellow Nicholas Bloom found that employees who worked from home were more productive, needed fewer sick days, and took less time off.
June 12, 2020
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A 2015 case study by Nicholas Bloom found that when one Chinese travel agency assigned a random group of employees to work remotely for 9 months, their productivity went up by 13%.
June 09, 2020
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Senior Fellow Ed Lazear and CNBC On-Air Editor Rick Santelli discuss retracing the footsteps of the last recession, good news on wages, and what to expect next month.
June 05, 2020
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Visiting Professor Rob Fairlie determined that startups by people of color report, on average, substantially higher levels of loan denials than their white counterparts.
June 03, 2020
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"Maybe a year or two from now, when firms relax and say...you can come back in two or three days a week, and spend the other couple of days at home [...]" says Nick Bloom.
May 28, 2020
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“We already have disparities. African Americans have the lowest business-ownership rate in the population...And so here we’re creating a situation of closures that’s hitting [...]"
May 25, 2020
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Sr Fellow Nicholas Bloom—co-author of an analysis of the pandemic’s effects on the labor market—estimates that 42% of recent layoffs will result in permanent job losses.
May 21, 2020
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Sr Fellow Nicholas Bloom, who has done extensive research on decentralized work, said he anticipates that the number of remote jobs will more than double after the pandemic.
May 21, 2020
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“I hate to say it, but this is going to take longer and look grimmer than we thought,” said Senior Fellow Nicholas Bloom, remarking on the path to economic recovery.
May 21, 2020
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“Everything is a bit more fragile nowadays,” said Stanford finance professor Anat Admati in this Mercury News article.
May 15, 2020
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"We cannot ignore that most of the costs are being borne by our children and grandchildren, particularly the poorest among them," says Senior Fellow Ed Lazear.
May 14, 2020
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Taking time to talk with co-workers about things not related to work when taking calls over video or phone is "a good way to keep in touch" while working from home [...]
May 13, 2020
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“There is enormous political pressure on sports teams to open back up . . . And that can cause a natural inclination to open too soon, because of the psychological impact." [...]
May 12, 2020
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While Covid-19 may help banish the stigma of working from home, it won't likely become the norm for a large number of people to telecommute five days a week [...]
May 08, 2020
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Once coronavirus restrictions are relaxed, Senior Fellow Nick Bloom expects the proportion of Americans working from home to continue to grow.
May 04, 2020
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"We’ve all learned how to work from home . . . All the training, the reorganization, has already happened," said Senior Fellow Nick Bloom.
May 04, 2020
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Several factors related to working from home during the COVID-19 pandemic could lead to decreases in productivity and employee wellness, according to Sr Fellow Nicholas Bloom
April 30, 2020
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Senior Fellow Michael Boskin discusses several ways to reduce the health risks associated with a gradual return to normal economic activity.
April 28, 2020
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"The US needs a 'New New Deal,' or a set of expansive government programs and reforms to help cash-strapped, jobless Americans and struggling businesses," says Matthew Jackson.
April 21, 2020