Time Savings When Working from Home

12 Pages Posted: 19 Jan 2023

See all articles by Cevat Giray Aksoy

Cevat Giray Aksoy

European Bank for Reconstruction and Development; King’s College London; IZA Institute of Labor Economics

Jose Barrero

Instituto Tecnológico Autónomo de México (ITAM)

Nicholas Bloom

Stanford University - Department of Economics; National Bureau of Economic Research (NBER)

Steven J. Davis

University of Chicago; National Bureau of Economic Research (NBER); Hoover Institution

Mathias Dolls

CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute; IZA Institute of Labor Economics

Pablo Zarate

Princeton University - Princeton University

Multiple version iconThere are 4 versions of this paper

Date Written: January 17, 2023

Abstract

We quantify the commute time savings associated with work from home, drawing on data for 27 countries. The average daily time savings when working from home is 72 minutes in our sample. We estimate that work from home saved about two hours per week per worker in 2021 and 2022, and that it will save about one hour per week per worker after the pandemic ends. Workers allocate 40 percent of their time savings to their jobs and about 11 percent to caregiving activities. People living with children allocate more of their time savings to caregiving.

Keywords: Work from home, commute times, allocation of time savings

JEL Classification: J2, D22, E24, L23

Suggested Citation

Aksoy, Cevat Giray and Barrero, Jose and Bloom, Nicholas and Davis, Steven J. and Dolls, Mathias and Zarate, Pablo, Time Savings When Working from Home (January 17, 2023). EBRD Working Paper No. 275, 2022, Available at SSRN: https://ssrn.com/abstract=4327060 or http://dx.doi.org/10.2139/ssrn.4327060

Cevat Giray Aksoy (Contact Author)

European Bank for Reconstruction and Development ( email )

One Exchange Square
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United Kingdom

King’s College London ( email )

Aldwych
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IZA Institute of Labor Economics ( email )

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Jose Barrero

Instituto Tecnológico Autónomo de México (ITAM) ( email )

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Nicholas Bloom

Stanford University - Department of Economics ( email )

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National Bureau of Economic Research (NBER) ( email )

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Steven J. Davis

University of Chicago ( email )

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National Bureau of Economic Research (NBER)

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Hoover Institution

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Mathias Dolls

CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute ( email )

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Germany

HOME PAGE: http://www.cesifo-group.de/ifoHome/CESifo-Group/ifo/ifo-Mitarbeiter/cvifo-dolls_m.html

IZA Institute of Labor Economics ( email )

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Bonn, D-53072
Germany

Pablo Zarate

Princeton University - Princeton University

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