Tax, transfer programs explain why Western Europeans work less than Americans

Lei Fang and Fang Yang

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: Western Europe differs from the United States not only in consumption tax, income tax and social security systems but also in the total factor productivity—a measure of productivity—for market production in which most European countries are low.

Keywords: international economics; work; taxes (search for similar items in EconPapers)
Date: 2023-01-19
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:95522

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