The Future of Work and Consumption in Cities after the Pandemic: Evidence from Germany

• Published in: IDEAS Working Paper Series from RePEc
• Main Authors: Jean-Victor Alipour, Falck, Oliver, Krause, Simon, Krolage, Carla, Wichert, Sebastian
• Format: Paper
• Language: English
• Published: St. Louis Federal Reserve Bank of St. Louis 01.01.2022

We estimate the impact of Covid-induced working from home (WFH) on offline consumer spending in urban agglomerations. Our analysis draws on postcode-level data on card transactions and WFH patterns in major German cities between January 2019 and May 2022. We address endogeneity in WFH uptake by esti...