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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15332 |
DP15332 Who Should Work from Home during a Pandemic? The Wage-Infection Trade-off | |
Sangmin Aum; Tim Lee; Yongseok Shin | |
发表日期 | 2020-10-02 |
出版年 | 2020 |
语种 | 英语 |
摘要 | Shutting down the workplace is an effective means of reducing contagion, but can incur large economic losses. We construct an exposure index, which measures infection risks across occupations, and a work-from-home index, which gauges the ease with which a job can be performed remotely across both industries and occupations. Because the two indices are negatively correlated but distinct, the economic costs of containing a pandemic can be minimized by only sending home those jobs that are highly exposed but easy to perform from home. Compared to a lockdown of all non-essential jobs, the optimal policy attains the same reduction in aggregate exposure (32 percent) with one-third fewer workers sent home (24 vs. 36 percent) and with only half the loss in aggregate wages (15 vs. 30 percent). A move from the lockdown to the optimal policy reduces the exposure of low-wage workers the most and the wage loss of the high-wage workers the most, although everyone's wage losses become smaller. A constrained optimal policy under which health workers cannot be sent home still achieves the same exposure reduction with a one-third smaller loss in aggregate wages (19 vs. 30 percent). |
主题 | Labour Economics ; Macroeconomics and Growth |
关键词 | Lockdown Exposure Work from home Pandemic |
URL | https://cepr.org/publications/dp15332 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544313 |
推荐引用方式 GB/T 7714 | Sangmin Aum,Tim Lee,Yongseok Shin. DP15332 Who Should Work from Home during a Pandemic? The Wage-Infection Trade-off. 2020. |
条目包含的文件 | 条目无相关文件。 |
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