Between 1980 and 2000, average actual working hours per adult of working age rose by in the USA (to 1476) while falling by 170 in Germany to (973). These differentials are now enough to create significant differences in quality of life - and they imply that growth in per GDP may be a poor...

Within the OECD, there are significant differences in the trend and level of average work hours. [For example, from 1980 to 2000, average working hours per adult (ages 15-64) rose by 234 hours in the USA to 1476 while falling by 170 hours in Germany, to 973]. Since these trends appear to be...

This paper compares the boom-bust cycle in Finland and Sweden 1984-1995 with the average boom-bust pattern in industrialized countries as calculated from an international sample for the period 1970-2002. Two clear conclusions emerge. First, the Finnish-Swedish experience is much more volatile...