Articles
Immaculate Disinflation
Today I’m going to talk about immaculate disinflation — lower inflation without recession.
November 11, 2026
Published April 11, 2024
The COVID-19 pandemic has led to a significant increase in remote work opportunities, but these opportunities are unevenly distributed across the workforce. Employees with higher pay, more education, and more experience are much more likely to have the option to work from home, while those with lower pay, less education, and less experience rarely enjoy this benefit. To address the resulting tensions and perceptions of unfairness, managers should acknowledge the divide, align their own working arrangements with those of their employees, consider alternative options like a 4-day work week for onsite staff, and potentially offer one-time pay adjustments to compensate employees who cannot work remotely.
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The opinions expressed on this website are those of the author and do not necessarily reflect the opinions of the Hoover Institution or Stanford University. © 2024 by the Board of Trustees of Leland Stanford Junior University.
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