Productivity, taxes, and hours worked in Spain: 1970–2015

Abstract In the early 1970s, hours worked per working-age person in Spain were higher than in the United States. Starting in 1975, however, hours worked in Spain fell by 40%. We find that 80% of the decline in hours worked can be accounted for by the evolution of taxes in an otherwise standard neocl...

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Bibliographic Details
Main Authors: Juan C. Conesa, Timothy J. Kehoe
Format: Article
Language:English
Published: SpringerOpen 2017-07-01
Series:SERIEs: Journal of the Spanish Economic Association
Subjects:
Online Access:http://link.springer.com/article/10.1007/s13209-017-0158-9