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来源类型Working Paper
规范类型报告
DOI10.3386/w26554
来源IDWorking Paper 26554
Why are Average Hours Worked Lower in Richer Countries?
Alexander Bick; Nicola Fuchs-Schündeln; David Lagakos; Hitoshi Tsujiyama
发表日期2019-12-16
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? We consider two natural explanations: 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 ; Consumption and Investment ; Public Economics ; Taxation ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w26554
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/584228
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Alexander Bick,Nicola Fuchs-Schündeln,David Lagakos,et al. Why are Average Hours Worked Lower in Richer Countries?. 2019.
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