The OECD report, “Going for Growth 2008”, is an annual study that measures the extent to which the world’s developed countries follow the OECD’s recommended strategies for promoting growth.  The study confirms the generally held notion that Americans work longer hours than Europeans. This disparity, however, is almost entirely attributable to differences in women’s habits, with men tending to work similar hours on both sides of the Atlantic but European women working fewer hours than their American counterparts. In attempting to explain this finding, the report points to differences in the regulatory environment, specifically emphasizing the role of Europe’s higher marginal tax rates.
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