The Work-From-Home Technology Boon and its Consequences
研究居家办公技术普及对房价、收入、不平等和城市结构的影响,通过均衡模型模拟发现疫情大幅提升了居家办公的相对生产率,推高房价并永久改变收入分配和城市形态。
Abstract 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.