This paper seeks to explain the greater hours worked by Americans compared to Germans in terms of forward-looking labor supply responses to differences in earnings inequality between the countries. We argue that workers choose current hours of work to gain promotions and advance in the...

Beginning in the early 2000s, there was an upsurge of national concern over the state of the science and engineering job market that sparked a plethora of studies, commission reports, and a presidential initiative, all stressing the importance of maintaining American competitiveness in these...

This paper seeks to explain the greater hours worked by Americans compared to Germans in terms of forward-looking labor supply responses to differences in earnings inequality between the countries. We argue that workers choose current hours of work to gain promotions and advance in the...

Frontmatter -- Acknowledgments -- Contents -- Tables -- Figures -- Introduction -- 1. The Economic Theory of Occupational Choice -- 2. Models of the Labor and Education Markets -- 3. Developments in the Market for Highly Specialized Workers after World War II -- 4. The Cobweb Pattern: the...