| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w30197 |
| 来源ID | Working Paper 30197 |
| The Shift to Remote Work Lessens Wage-Growth Pressures | |
| Jose Maria Barrero; Nicholas Bloom; Steven J. Davis; Brent H. Meyer; Emil Mihaylov | |
| 发表日期 | 2022-07-04 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | The recent shift to remote work raised the amenity value of employment. As compensation adjusts to share the amenity-value gains with employers, wage-growth pressures moderate. We find empirical support for this mechanism in the wage-setting behavior of U.S. employers, and we develop novel survey data to quantify its force. Our data imply a cumulative wage-growth moderation of 2.0 percentage points over two years. This moderation offsets more than half the real-wage catchup effect that Blanchard (2022) highlights in his analysis of near-term inflation pressures. The amenity-values gains associated with the recent rise of remote work also lower labor’s share of national income by 1.1 percentage points. In addition, the “unexpected compression” of wages since early 2020 (Autor and Dube, 2022) is partly explained by the same amenity-value effect, which operates differentially across the earnings distribution. |
| 主题 | Microeconomics ; Households and Firms ; Macroeconomics ; Consumption and Investment ; Business Cycles ; Labor Economics ; Labor Compensation ; COVID-19 |
| URL | https://www.nber.org/papers/w30197 |
| 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/587869 |
| 推荐引用方式 GB/T 7714 | Jose Maria Barrero,Nicholas Bloom,Steven J. Davis,et al. The Shift to Remote Work Lessens Wage-Growth Pressures. 2022. |
| 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 | ||
| w30197.pdf（913KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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