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Jan 10, 2025 | 
bankofengland.co.uk | Philip Bunn |Lena Anayi |Nicholas Bloom |Paul Mizen
Staff Working Paper No. 1,107By Philip Bunn, Lena Anayi, Nicholas Bloom, Paul Mizen, Gregory Thwaites and Ivan YotzovMacro data suggest a convex relationship between inflation and economic slack, but identifying causality in this setting is challenging. Using data from large panel surveys of UK and US firms we show that the response of prices to demand shocks is also convex at the firm level.
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Dec 6, 2024 | 
nber.org | Philip Bunn |Lena Anayi |Nicholas Bloom |Paul Mizen
The authors would like to thank Jose Barrero, Steve Davis, Kevin Foster, Brent Meyer, and Emil Mihaylov for the US data, and the Economic and Social Research Council for funding under grant ES/X013707/1. The authors also benefitted from comments by seminar participants in Princeton, Chicago Fed, Boston College, Bristol, LSE, UCL, Warwick, Nottingham, Sciences Po, Banca d’Italia, the IMF as well as at the BCEA, ICEA, ECB, ASSA, SITE, CBBS, MMF, RES, and SUERF conferences.
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Dec 1, 2024 | 
econofact.org | Nicholas Bloom
The share of Americans working a full day from home rose from 7% in 2019 to 60% in the immediate wake of COVID in 2020. This share has now fallen to 25%, still well above its pre-COVID rate. What have the last four years revealed about the effects of working from home on productivity? Are employers right in worrying about shirking? What do employees like, and dislike, about remote work? Do they now prefer working from home, returning to their offices, or some hybrid combination of the two?
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Oct 31, 2024 | 
hoover.org | Nicholas Bloom
MyHoover delivers a personalized experience at Hoover.org. In a few easy steps, create an account and receive the most recent analysis from Hoover fellows tailored to your specific policy interests. Watch this video for an overview of MyHoover. Create Account
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Oct 29, 2024 | 
flipboard.com | Nicholas Bloom
3 hours agoJohn F. Marino is the President of Marino PR, an award-winning, national communications and integrated marketing agency. Historically, LinkedIn has been the least conventionally "fun" of the social media platforms: a place many people go out of necessity, not desire. But with remote work blurring the …
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Oct 25, 2024 | 
nber.org | Prachi Srivastava |Nicholas Bloom |Philip Bunn |Paul Mizen
Skip to main content The authors would like to thank the Economic and Social Research Council for funding under grant ES/X013707/1. Any views expressed are solely those of the authors and so cannot be taken to represent those of the Bank of England or to state Bank of England policy. This paper should therefore not be reported as representing the views of the Bank of England or members of the Monetary Policy Committee, Financial Policy Committee, or Prudential Regulation Committee.
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Oct 16, 2024 | 
dialnet.unirioja.es | Nicholas Bloom
IdiomacatalàDeutschEnglishespañoleuskarafrançaisgalegoitalianoportuguêsromână
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Oct 12, 2024 | 
thedailystar.net | Nicholas Bloom
Economics is famous for being the dismal science. Sadly, recent work highlighting the slowdown in productivity growth stretching back to the 1950s is no exception. But I take a more cheerful view because of the great productivity gains promised by the pandemic-induced jump in working from home. Working from home (WFH) increased about tenfold following the outbreak of the pandemic and has settled in at about five times its prepandemic level.
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Aug 20, 2024 | 
usa.streetsblog.org | Nicholas Bloom
Since the 1940s, there has been a broad shift away from public transit across the U.S., and service has declined in many cities, including New York, Boston, Denver, Orlando and St. Louis. A look back at the last national mass transit boom helps explain the challenges that confront modern transit agencies. Starting in the 19th century, transit companies worked closely with real estate developers to develop “streetcar suburbs” for a growing population.
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Aug 12, 2024 | 
techxplore.com | Nicholas Bloom
Since the 1940s, there has been a broad shift away from public transit across the U.S., and service has declined in many cities, including New York, Boston, Denver, Orlando and St. Louis. A look back at the last national mass transit boom helps explain the challenges that confront modern transit agencies. Starting in the 19th century, transit companies worked closely with real estate developers to develop "streetcar suburbs" for a growing population.
