Structural Transformation and the Deterioration of European Labor Market Outcomes

Richard Rogerson

Journal of Political Economy, 2008, vol. 116, issue 2, 235-259

Abstract: This paper examines hours worked in continental Europe and the United States from 1956 to 2003. The empirical work establishes two results. First, hours worked in Europe decline by almost 45 percent compared to the United States over this period. Second, this decline is almost entirely accounted for by the fact that Europe develops a much smaller market service sector than the United States. A simple model of time allocation is used to understand these patterns. I find that relative increases in taxes and technological catch-up can account for most of the differences between the European and American time allocations over this period. (c) 2008 by The University of Chicago. All rights reserved.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (326)

Downloads: (external link)
http://dx.doi.org/10.1086/588029 link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Structural Transformation and the Deterioration of European Labor Market Outcomes (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ucp:jpolec:v:116:y:2008:i:2:p:235-259

Access Statistics for this article

More articles in Journal of Political Economy from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().