Understanding Growth and Inequality Trends: The Role of Labour Supply in the USA and Germany

Understanding Growth and Inequality Trends: The Role of Labour Supply in the USA and Germany
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了解增长和不平等趋势:美国和德国劳动力供应的作用

DOI:
10.2139/ssrn.324904
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发表时间:
2002
期刊:
Labor: Supply & Demand
影响因子:
--
通讯作者:
L. Osberg
L. Osberg
中科院分区:
--
文献类型:
--
作者:
L. Osberg

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Between 1980 and 2000, average actual working hours per adult rose by 234 in the United States while falling by 170 in Germany. These trends imply that growth in per capita GDP may be a poor indicator of trends in average economic well-being and that trends in money income inequality may misrepresent trends in the inequality of economic well-being. Is greater inequality in the US the incentive that motivates greater work effort by Americans? Differentials in average usual working hours largely arise from differences in workforce participation -- particularly among women and older men. Except for the extreme lower tail, the distribution of usual working hours of prime age males is essentially identical and constant in Germany and the US -- which implies that the grea ter inequality of earnings in the US has no noticeable incentive effect on the labour supply of workers.