학술논문
COVID-19 Is a Persistent Reallocation Shock.
Document Type
Article
Source
Subject
*COVID-19 pandemic
*Economic shock
*Employment
*Telecommuting
*Business forecasting
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Language
ISSN
2574-0768
Abstract
The article focuses on pace of reallocation across firms before and after COVID-19 pandemic struck, to investigate what firm-level forecasts in December 2020 say about expected future sales. Topics discussed include information on how industry-level employment trends relate to the capacity of employees to work from home (WFH); rates of excess job and sales reallocation; and employment growth trends in favor of industries with a high capacity of employees to WFH.