Data Revisions of Aggregate Hours Worked: Implications for the Europe-U.S. Hours Gap
Bettina Brüggemann and
Authors registered in the RePEc Author Service: Nicola Fuchs-Schuendeln
Review, 2019, vol. 101, issue 1, 45-56
In this article, we document that the Organisation for Economic Co-operation and Development (OECD) and the Conference Board?s Total Economy Database (TED) have substantially revised their measures of hours worked over time. Relying on the data used by Rogerson (2006) and Ohanian et al. (2008), we find that, for 2003, hours worked per person in Europe is 18 percent lower than hours worked in the United States. Using the 2016 releases of the same data for 2003 yields a gap that is 40 percent smaller?that is, only 11 percent lower. Using labor force survey data, which are less subject to data revisions, we find a Europe-U.S. hours gap of ?19 percent.
JEL-codes: C82 E24 J22 J21 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://doi.org/10.20955/r.101.45-56 https://doi.org/10.20955/r.101.45-56 (text/html)
https://files.stlouisfed.org/research/publications ... pe-u-s-hours-gap.pdf Full text (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlrv:00113
Ordering information: This journal article can be ordered from
Access Statistics for this article
More articles in Review from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by ().