1. European Vacation.
- Author
-
Clement, Douglas
- Subjects
WORKING hours ,HUMAN capital ,LABOR market - Abstract
Explains the reasons for the longer work hours in the U.S. in comparison with Europe. Average working hours in the U.S. and several European countries; Attitude of U.S. and European workers toward work; Role of taxes in labor supply variation, according to Edward C. Prescott, senior monetary adviser to the Minneapolist Fed and economist at Arizona State University. INSET: Shrinking a deadweight loss.
- Published
- 2003