The Home Office in Times of COVID-19 Pandemic and its impact in the Labor Supply

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Tác giả: José Nilmar Alves de Oliveira, Franklin Gamboa, Jaime Orrillo

Ngôn ngữ: eng

Ký hiệu phân loại: 331.12 Labor market

Thông tin xuất bản: 2020

Mô tả vật lý:

Bộ sưu tập: Metadata

ID: 164812

Comment: 13 pages, 1 figureWe lightly modify Eriksson's (1996) model to accommodate the home office in a simple model of endogenous growth. By home office we mean any working activity carried out away from the workplace which is assumed to be fixed. Due to the strong mobility restrictions imposed on citizens during the COVID-19 pandemic, we allow the home office to be located at home. At the home office, however, in consequence of the fear and anxiety workers feel because of COVID-19, they become distracted and spend less time working. We show that in the long run, the intertemporal elasticity of substitution of the home-office labor is sufficiently small only if the intertemporal elasticity of substitution of the time spent on distracting activities is small enough also.
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