| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14180 |
| DP14180 Why are Average Hours Worked Lower in Richer Countries? | |
| Alexander Bick; Nicola Fuchs-Schündeln; David Lagakos; Hitoshi Tsujiyama | |
| 发表日期 | 2019-12-13 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Why are average hours worked per adult lower in rich countries than in poor countries? Two natural candidates to consider are income effects in preferences, in which leisure becomes more valuable when income rises, and distortionary tax systems, which are more prevalent in richer countries. To assess the importance of these two forces, we build a simple model of labor supply by heterogeneous individuals and calibrate it to match international data on labor income taxation, government transfers relative to GDP, and hours worked per adult. The model predicts that income effects are the main driving force behind the decline of average hours worked with GDP per capita. We reach a similar conclusion in an extended model that matches cross-country patterns of labor supply along the extensive and intensive margins and of the prevalence of subsistence self-employment. |
| 主题 | Macroeconomics and Growth |
| URL | https://cepr.org/publications/dp14180 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543084 |
| 推荐引用方式 GB/T 7714 | Alexander Bick,Nicola Fuchs-Schündeln,David Lagakos,et al. DP14180 Why are Average Hours Worked Lower in Richer Countries?. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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