The pandemic has led to a big shift to working from home in occupations where the jobs, or some part of them, can be done remotely. The IGM Forum at Chicago Booth asked its panels of leading US and European economists about the potential impact of this continuing over the longer term. As this column reports, a majority of the experts consider that staff who work two days a week from home are, on average, likely to report higher levels of job satisfaction over the longer term. The respondents are more uncertain about the long-term impact on productivity and women’s career progression relative to their male counterparts.
Morris Davis, Andra Ghent, Jesse Gregory, 18 April 2021
The COVID-19 pandemic has prompted a radical shift in how much people work from home. This column argues that, through learning and technology adoption effects, this enforced shift has boosted the productivity of working from home, which will lead to higher lifetime incomes for the working population. While these productivity gains would likely have happened eventually, the pandemic accelerated this process.
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