Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/35353 
Year of Publication: 
2008
Series/Report no.: 
IZA Discussion Papers No. 3846
Publisher: 
Institute for the Study of Labor (IZA), Bonn
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.
Subjects: 
Hours of market work
participation
employment
intensive and extensive margins
JEL: 
E2
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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