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Why Working from Home Will Stick

NBER Working PAPER SERIESWHY Working FROM HOME WILL STICKJose Maria BarreroNicholas BloomSteven J. DavisWorking Paper 28731 BUREAU OF ECONOMIC RESEARCH1050 Massachusetts AvenueCambridge, MA 02138 April 2021We thank Stanford University, the University of Chicago Booth School of Business, Asociacion Mexicana de Cultura , the Stanford Institute for Human-Centered Artificial Intelligence, the Upjohn Institute for Employment Research, and Toulouse Network for Information Technology for financial support. We are grateful to comments from presentations at the AEA, Berkeley, CUNY, HAI, Hoover Institution, ITAM, LSE, Maryland, Munich, Rice, Northwestern, Ridge, Princeton, Stanford, Wharton, The World Bank, and ZEW-Mannheim. We thank Corinne Stephenson for help generating our WFH media data. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Working papers are circulated for discussion and comment purposes.

Netflix CEO Reed Hastings offers one view: “I don't see any positives. Not being able to get together in person, ... SWAA respondents are willing to accept pay cuts of 7 percent, on average, for the option ... pointing to excessive pessimism about WFH before the …

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