Conesa, Juan C.; Kehoe, Timothy J. - In: SERIEs - Journal of the Spanish Economic Association 8 (2017) 3, pp. 201-223
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...
