Why is Europe's employment rate almost 10 percent lower than
that of the United States? This "jobs gap" has typically been
blamed on the rigidity of European labor markets. But in "Services
and Employment," an international group of leading labor economists
suggests quite a different explanation. Drawing on the findings of
a two-year research project that examined data from France,
Germany, the Netherlands, the United Kingdom, and the United
States, these economists argue that Europe's 25 million "missing"
jobs can be attributed almost entirely to its relative lack of
service jobs. The jobs gap is actually a services gap. But,
"Services and Employment" asks, why does the United States consume
services at such a greater rate than Europe?
"Services and Employment" is the first systematic and
comprehensive international comparison on the subject. Mary
Gregory, Wiemer Salverda, Ronald Schettkat, and their fellow
contributors consider the possible role played by differences in
how certain services--particularly health care and education--are
provided in Europe and the United States. They examine arguments
that Americans consume more services because of their higher
incomes and that American households outsource more domestic work.
The contributors also ask whether differences between U.S. and
European service sectors encapsulate fundamental trans-Atlantic
differences in lifestyle choices.
In addition to the editors, the contributors include Victor
Fuchs, William Baumol, Giovanni Russo, Adriaan Kalwij, Stephen
Machin, Andrew Glyn, Joachin Moller, John Schmitt, Michel
Sollogoub, Robert Gordon, and Richard Freeman."
General
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