According to recent research, Americans work 30% more than Europeans (Prescott 2004 and Rogerson 2006). This was not the case in early 1970s when Western Europeans worked more than Americans. What accounts for the large differences between countries today?
On work hours in the US and Europe
Hans Holter, Indraneel Chakraborty, Serhiy Stepanchuk, 18 May 2012
Topics: Frontiers of economic research, Labour markets
Tags: America, divorce, Europe, inactivity, Labour force participation, taxes, work
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