A 2015 case study by SIEPR Senior Fellow Nicholas Bloom found that when one Chinese travel agency assigned a random group of employees to work remotely for nine months, their productivity went up by 13 percent.
“The abruptness of this shock [COVID-19] is much larger than the 2008 global financial crisis,” said Ramin Toloui, an assistant Treasury secretary for international finance during the Obama administration.
"Maybe a year or two from now, when firms relax and say . . . you can come back in two or three days a week, and spend the other couple of days at home, that's, you know, the promised land," says SIEPR Senior Fellow Nick Bloom.