Full days worked at home account for 28 percent of paid workdays among Americans 20–64
years old, as of mid-2023. That's about four times the 2019 rate and ten times the rate in the …

We show remote work led to large drops in lease revenues, occupancy, lease renewal rates,
and market rents in the commercial office sector. We revalue New York City office buildings …

The landscape of employment has been significantly transformed with the rise of hybrid
work, allowing teleworkable employees to blend traditional office environments with remote …

We develop a general equilibrium model with skilled workers who can and unskilled
workers who cannot work from home (WFH). Firms choose the amount of time they require …

This paper reviews recent quantitative urban models. These models are sufficiently rich to
capture observed features of the data, such as many asymmetric locations and a rich …

ABSTRACT A growing literature explores the impact of home-based versus office-based
work. Differences in productivity may arise due to a treatment effect of the office or from …

In recent decades, economic activity has become increasingly concentrated in major global
metropolises. Yet, the rise of working from home threatens this dominance of cities. Using …

In recent years the land-rent gradient for the city of London has flattened by 17 percentage
points. Further, teleworking has increased 24 percentage point for skilled workers, but much …

Using advertised wages from job postings, we show that occupations with high levels of
working from home (WFH) adoption during the COVID-19 pandemic saw a strong decrease …

This paper studies how two-sided sorting of firms and households drives inequality within
cities. I develop a quantitative model that features skill heterogeneity, non-homothetic …