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Working Hours and Job Sharing in the EU and USA - Are Europeans Lazy? Or Americans Crazy? (Hardcover)
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Working Hours and Job Sharing in the EU and USA - Are Europeans Lazy? Or Americans Crazy? (Hardcover)
Series: Fondazione Rodolfo Debendetti Reports
Expected to ship within 12 - 17 working days
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In the last 50 years the gap in labour productivity between Europe
and the US has narrowed considerably with estimates in 2005
suggesting a EU-US labour productivity gap of about 5 per cent.
Yet, average per capita income in the EU is still about 30% lower
than in the US. This persistent gap in income per capita can be
almost entirely explained by Europeans working less than
Americans.
Why do Europeans work so little compared to Americans? What do
they do with their spare time outside work? Can they be induced to
work more without reducing labour productivity? If so, how? And
what is the effect on well-being if policies are created to reward
paid work as opposed to other potentially socially valuable
activities, like childbearing? More broadly, should the state
interfere at all when it comes to bargaining over working hours?
This volume explores these questions and many more in an attempt to
understand the changing nature of the hours worked in the USA and
EU, as well as the effects of policies that impose working hour
reductions.
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