Tax, transfer programs explain why Western Europeans work less than Americans

Abstract: Western Europe differs from the United States not only in consumption tax, income tax and social security systems but also in the total factor productivity—a measure of productivity—for market production in which most European countries are low.

Keywords: international economics; work; taxes;

Access Documents

File(s): File format is text/html
Description: Full text


Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2023-01-19