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European vs American Hours Worked: assessing the role of the extensive and intensive margins

Francois Langot and Coralia Quintero-Rojas ()
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Coralia Quintero-Rojas: Universidad de Guanajuato and GAINS-TEPP

Authors registered in the RePEc Author Service: Coralia Azucena Quintero Rojas

Economics Bulletin, 2009, vol. 29, issue 2, 530-542

Abstract: Europeans have worked less than Americans since the 1970s. In this paper, we quantify the relative importance of the extensive and intensive margins of aggregate hours of market work on the observed differences. Our counterfactual exercises show that the two dimensions of the extensive margin, the employment rate and the participation rate, explain the most of the total-hours-gap between regions. Moreover, both ratios have similar weight. Conversely, the intensive margin, measured by the number of hours worked per employee, has the smallest role.

JEL-codes: C0 J2 (search for similar items in EconPapers)
Date: 2009-04-07
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Citations: View citations in EconPapers (4)

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Working Paper: European vs. American Hours Worked: Assessing the Role of the Extensive and Intensive Margins (2008) Downloads
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