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Labor Hours In The United States And Europe: The Role Of Different Leisure Preferences

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  • Maoz, Yishay David

Abstract

Since 1900, annual working hours per worker have been generally declining in the United States and in the main European economies. During this simultaneous decline the Europeans initially worked fewer hours than their American counterparts, worked more than the Americans starting in the early 1930s, and once again worked less than the American from the early 1970s on. Using a two-country model, this article argues that this dynamic pattern can be brought about by differences in the valuation of leisure by individuals in the compared economies.

Suggested Citation

  • Maoz, Yishay David, 2010. "Labor Hours In The United States And Europe: The Role Of Different Leisure Preferences," Macroeconomic Dynamics, Cambridge University Press, vol. 14(2), pages 231-241, April.
    • Handle: RePEc:cup:macdyn:v:14:y:2010:i:02:p:231-241_09
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    Cited by:

    1. Georg Duernecker, 2014. "Technology Adoption, Turbulence, And The Dynamics Of Unemployment," Journal of the European Economic Association, European Economic Association, vol. 12(3), pages 724-754, June.
    2. Andreas Hefti & Julian Teichgräber, 2021. "Inequality in models with a competition for market shares," ECON - Working Papers 375, Department of Economics - University of Zurich.
    3. Agustin Velasquez & Svetlana Vtyurina, 2019. "How Does Taxation Affect Hours Worked in EU New Member States?," IMF Working Papers 2019/130, International Monetary Fund.
    4. Moshe Hazan & Hosny Zoabi, 2015. "Do Highly Educated Women Choose Smaller Families?," Economic Journal, Royal Economic Society, vol. 125(587), pages 1191-1226, September.
    5. Elgin, Ceyhun & Yucel, Emekcan, 2014. "Determinants of the weight for leisure in preferences," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 8, pages 1-26.

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