February 19, 2007

WHY WORK HARD IF YOU HAVE NO FUTURE?:

For work ethic, long hours, we're still No. 1 (Knowledge@Wharton, February 18, 2007)

Work and vacation habits in the world's most economically advanced regions weren't always this way. As recently as the 1960s, Europeans worked more than people in the U.S., according to a 2005 study by Bruce Sacerdote of Dartmouth University and Alberto Alesina and Ed Glaeser, both of Harvard University. Since then, however, the regions' appetites for leisure have diverged, with Americans grinding away for ever-more hours at the office and Europeans taking time to savor la dolce vita ("the sweet life"). These days, the U.S. even outworks famously industrious Japan.

What changed? The explanations vary as much as the potential locales for a summer sojourn. Several experts at Wharton see a role for culture and history. A Nobel laureate, in contrast, says the difference boils down to taxes. And Sacerdote, Alesina and Glaeser chalk it up to levels of unionization.

Posted by Orrin Judd at February 19, 2007 12:00 AM
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