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Title:European vs. American hours worked: assessing the role of the extensive and intensive margins PDF Logo
Authors:Langot, François
Quintero-Rojas, Coralia
Issue Date:2008
Series/Report no.:IZA discussion papers 3846
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:urn:nbn:de:101:1-2008120259
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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