Marketization of production and the US-Europe employment gap

Schettkat, Ronald and Freeman, Richard B. (2002) Marketization of production and the US-Europe employment gap. CEPDP (559). London School of Economics and Political Science. Centre for Economic Performance, London, UK. ISBN 0753016370

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Abstract

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.

Item Type:	Monograph (Discussion Paper)
Official URL:	http://cep.lse.ac.uk
Additional Information:	© 2002 the authors
Divisions:	Centre for Economic Performance
Subjects:	H Social Sciences > HD Industries. Land use. Labor
Date Deposited:	28 Jul 2008 18:14
Last Modified:	11 Dec 2024 18:31
URI:	http://eprints.lse.ac.uk/id/eprint/20061

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