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Why inflation may respond faster to big shocks: The rise of state-dependent pricing by Philip Bunn, Nicholas Bloom, Craig Menzies, Paul Mizen, Gregory Thwaites, Ivan Yotzov published by (2/2026). “Macroeconomic models distinguish time-dependent pricing, where firms change prices at fixed…

Remote work’s Growth by Nicholas Bloom published by International Monetary Fund (9/2024). “Economics is famous for being the dismal science. Sadly, recent work highlight ing the slowdown in productivity growth stretching back to the 1950s is no excep tion….

COVID-19 Is Also a Reallocation Shock by Jose Maria Barrero, Nicholas Bloom, and Steven J. Davis published by NBER (5/2020). Drawing on firm-level expectations at a one-year forecast horizon in the Survey of Business Uncertainty (SBU), we construct novel,…