Structural Transformation and the Deterioration of European Labor Market Outcomes

S-Tier
Journal: Journal of Political Economy
Year: 2008
Volume: 116
Issue: 2
Pages: 235-259

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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.

Technical Details

RePEc Handle
repec:ucp:jpolec:v:116:y:2008:i:2:p:235-259
Journal Field
General
Author Count
1
Added to Database
2026-01-29