New Insights on Remote Work | Economics, Applied

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Nick Bloom joins Steven Davis to discuss Return-to-Office mandates (RTOs), Amazon’s RTO, long-distance CEOs, the business start-up boom, employment among people with disabilities, the “child penalty” for working women, burglary, golf, and more.

ABOUT THE SPEAKERS:

Nicholas (Nick) Bloom is the William Eberle Professor of Economics at Stanford University. His research focuses on working from home, management practices, and uncertainty. He previously worked at the Treasury of the United Kingdom, McKinsey & Company, and the Institute for Fiscal Studies (IFS).. He has a BA from Cambridge, an MPhil from Oxford, and a PhD from University College London. He is a fellow of the American Academy of Arts and Sciences, a recipient of the Guggenheim and Sloan Fellowships, the Frisch Medal, and a National Science Foundation Career Award. In 2022, he was named among the “Bloomberg 50” people and ideas that defined global business for his insights on working from home.

Steven Davis is the Thomas W. and Susan B. Ford Senior Fellow and Director of Research at the Hoover Institution, and Senior Fellow at the Stanford Institute for Economic Policy Research (SIEPR). He is an economic adviser to the U.S. Congressional Budget Office, elected fellow of the Society of Labor Economists, and consultant to the Federal Reserve Bank of Atlanta. He co-founded the Economic Policy Uncertainty project, the U.S. Survey of Working Arrangements and Attitudes, the Global Survey of Working Arrangements, the Survey of Business Uncertainty, and the Stock Market Jumps project. He co-organizes the Asian Monetary Policy Forum, held annually in Singapore. Before joining Hoover, Davis was on the faculty at the University of Chicago Booth School of Business, serving as both distinguished service professor and deputy dean of the faculty.

ABOUT THE SERIES

Each episode of Economics, Applied, a video podcast series, features senior fellow Steven Davis in conversation with leaders and researchers about economic developments and their ramifications. The goal is to bring evidence and economic reasoning to the table, drawing lessons for individuals, organizations, and society. The podcast also aims to showcase the value of individual initiative, markets, the rule of law, and sound policy in fostering prosperity and security.

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The opinions expressed are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University.

© 2024 by the Board of Trustees of Leland Stanford Junior University.

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Hi there everyone! So good that you're deepening analysis on the remote work.
So relevant to focus on the Capitalisation and Destructive Effects of the remote work in the context of Great Resignation and the AI Age.

jamesmichaelwalker
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You guys should speak to actual employees to get real insights!

elishevajones
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Companies have known for a long time that remote work improves productivity for some workers while decreases productivity for other workers; so it makes sense that they saw a net zero change due to either policy because this good policy matches the worker to the best productivity.

kabaduck
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I live in a city for which population growth has outstripped our road capacity and commute times are through the roof. I've thought governments should give a tax credit to companies as a way to reduce roadway congestion and construction/maintenance costs. As a bonus, fewer cars on the roads is good for the environment. Any studies looking at this?

daylepayne
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Are these guys up and coming comedians?

Bmthbabe
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It's just another big divide for those "intellectual jobs" who can work remotely and those "physical labor jobs" that cannot.

homewall