The remote work revolution: Impact on real estate values and the urban environment: 2023 AREUEA Presidential Address

S Van Nieuwerburgh - Real Estate Economics, 2023 - Wiley Online Library
The covid‐19 pandemic induced a major shift in the prevalence of remote and hybrid work
arrangements. This review article studies the effects of this remote work revolution for …

Monetary tightening and US bank fragility in 2023: Mark-to-market losses and uninsured depositor runs?

EX Jiang, G Matvos, T Piskorski, A Seru - Journal of Financial Economics, 2024 - Elsevier
We develop a conceptual framework and an empirical methodology to analyze the effect of
rising interest rates on the value of US bank assets and bank stability. We mark-to-market …

Working from home around the world

CG Aksoy, JM Barrero, N Bloom, SJ Davis… - Brookings Papers on …, 2022 - muse.jhu.edu
The pandemic triggered a large, lasting shift to work from home (WFH). To study this shift, we
survey full-time workers who finished primary school in twenty-seven countries as of mid …

Energy, climate, and environmental sustainability of trend toward occupational-dependent hybrid work: Overview, research challenges, and outlook

Y Tao, S You, J Zhu, F You - Journal of Cleaner Production, 2024 - Elsevier
The landscape of employment has been significantly transformed with the rise of hybrid
work, allowing teleworkable employees to blend traditional office environments with remote …

The work-from-home technology boon and its consequences

MA Davis, AC Ghent, J Gregory - Review of Economic Studies, 2024 - academic.oup.com
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 …

Is hybrid work the best of both worlds? Evidence from a field experiment

P Choudhury, T Khanna, CA Makridis… - Review of Economics …, 2024 - direct.mit.edu
This paper reports causal evidence on how the extent of hybrid work—the number of days
worked from home relative to days worked from office—affects employee attitudes and …

Housing demand and remote work

JA Mondragon, J Wieland - 2022 - nber.org
What explains record US house price growth since late 2019? We show that the shift to
remote work explains over one half of the 23.8 percent national house price increase over …

From LA to Boise: How migration has changed during the COVID-19 pandemic

P Haslag, D Weagley - Journal of Financial and Quantitative Analysis, 2024 - cambridge.org
We examine how broad changes in work arrangements and lifestyles brought on by the
COVID-19 pandemic have affected households' location decisions. Using data on over …

Constraints on city and neighborhood growth: the central role of housing supply

N Baum-Snow - Journal of Economic Perspectives, 2023 - aeaweb.org
The US urban population increased by almost 50 percent between 1980 and 2020, with this
growth heavily concentrated in the Sun Belt and at the fringes of metropolitan areas. This …

The geography of technological innovation dynamics

M Straccamore, V Loreto, P Gravino - Scientific Reports, 2023 - nature.com
Cities and metropolitan areas are major drivers of creativity and innovation in all possible
sectors: scientific, technological, social, artistic, etc. The critical concentration and proximity …