Alexander Bick, Nicola Fuchs-Schündeln, David Lagakos, (2016), “How average hours worked varies with development: Cross-country evidence and implications”, Voxeu, 4 June
The development accounting literature tries to account for cross-country output per worker differences by taking stock of inputs per worker. The data employed are often measured without great precision, however, making comparisons difficult. This column presents a new, internationally comparable dataset of average hours worked per adult across the world income distribution. Adults in poor countries are found to work a lot more and with lower productivity than those in rich countries. The findings suggest that those from poorer countries are not only ‘consumption poor’, but also ‘leisure poor.
Relevant posts
- Regis Barnichon, Paula Garda, (2016), “Forecasting unemployment across countries: The ins and outs”, European Economic Review, Volume 84, May
- Riso, Sara, (2016), “Avoiding The Quick Fix Approach To Solving Youth Unemployment”, Social Europe, 13 April