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Habit, Prisoner's Dilemma and Americans’ Welfare Cost of Working Much More than Europeans

Schiff, Maurice - 2015

Europeans work much less than Americans. Some studies claim this is due to high taxes in Europe, which would benefit by … that Americans would benefit by reducing work time to Europe's level. Empirical and experimental studies show utility falls … as other people's income rises. Due to its historical experience, Europe is able to internalize this and other negative …

Persistent link: https://www.econbiz.de/10013027861

Why Worldwide Welfare as a Normative Standard in U.S. Tax Policy?

Shaviro, Daniel - 2007

Debate about U.S. international tax policy often emphasizes norms, such as capital export neutrality (CEN) and capital import neutrality (CIN), that relate to worldwide welfare rather than U.S. national welfare. While this focus may seem paradoxical, or at least surprisingly altruistic in a...

Persistent link: https://www.econbiz.de/10014052492

European vs. American hours worked : assessing the role of the extensive and intensive margins

Langot, François (contributor); … - 2008

Europeans have worked less than Americans since the 1970s. In this paper, we quantify the relative importance of the extensive and intensive margins of aggregate hours of market work on the observed differences. Our counterfactual exercises show that the two dimensions of the extensive margin,...

Persistent link: https://www.econbiz.de/10003778864

Structural transformation and the deterioration of European labor market outcomes

Rogerson, Richard Donald - 2007

Persistent link: https://www.econbiz.de/10003418526

Taxation and market work ; is Scandinavia an outlier?

Rogerson, Richard Donald - 2007

Persistent link: https://www.econbiz.de/10003419036

Micro and macro elasticities in a life cycle model with taxes

Rogerson, Richard Donald; Wallenius, Johanna - 2007

We build a life cycle model of labor supply that incorporates changes along both the intensive and extensive margin and use it to assess the consequences of changes in tax and transfer policies on equilibrium hours of work. We find that changes in taxes have large aggregate effects on hours of...

Persistent link: https://www.econbiz.de/10003455026

Can US coordination failure explain why Americans work so much more than Europeans?

Schiff, Maurice W. - 2014

externality that is internalized in Europe through laws on the minimum amount of vacation time (and maximum hours of work … model and data on work time are used to obtain an estimate of the US welfare gain from reducing its work time to Europe …

Persistent link: https://www.econbiz.de/10010258175