Marketization of Production and the US-Europe Employment Gap

Marketization of Production and the US-Europe Employment Gap
Author :
Publisher :
Total Pages : 52
Release :
ISBN-10 : IND:30000113913481
ISBN-13 :
Rating : 4/5 (81 Downloads)

Book Synopsis Marketization of Production and the US-Europe Employment Gap by : Richard Barry Freeman

Download or read book Marketization of Production and the US-Europe Employment Gap written by Richard Barry Freeman and published by . This book was released on 2002 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Women work much more in the US than in Germany and most other EU economies. We find that the US-German employment gap is not strongly related to cross-country differences in the level of pay or social benefits. The difference in employment is due to the different marketization of activities between the two economies: German women work as many hours as US women when we consider time spent in household production as well as in market production. For instance, German women spend more time preparing meals while US women use take-out and restaurants more intensely. The organization of some social activities, such as schooling, and the dispersion of skills, as well as pay differences, affect the degree of marketization.


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