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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27330 |
来源ID | Working Paper 27330 |
Working Remotely and the Supply-side Impact of Covid-19 | |
Dimitris Papanikolaou; Lawrence D.W. Schmidt | |
发表日期 | 2020-06-08 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We analyze the supply-side disruptions associated with Covid-19 across firms and workers. To do so, we exploit differences in the ability of workers across industries to work remotely using data from the American Time Use Survey (ATUS). We find that sectors in which a higher fraction of the workforce is not able to work remotely experienced significantly greater declines in employment, significantly more reductions in expected revenue growth, worse stock market performance, and higher expected likelihood of default. In terms of individual employment outcomes, lower-paid workers, especially female workers with young children, were significantly more affected by these disruptions. Last, we combine these ex-ante heterogeneous industry exposures with daily financial market data to create a stock return portfolio that most closely replicate the supply-side disruptions resulting from the pandemic. |
主题 | Macroeconomics ; Consumption and Investment ; Financial Economics ; Financial Markets ; Labor Economics ; COVID-19 |
URL | https://www.nber.org/papers/w27330 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585001 |
推荐引用方式 GB/T 7714 | Dimitris Papanikolaou,Lawrence D.W. Schmidt. Working Remotely and the Supply-side Impact of Covid-19. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27330.pdf(712KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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