UNEMPLOYMENT AND HOURS OF WORK: THE NORTH ATLANTIC DIVIDE REVISITED*
考察了二战后美国和欧洲失业率、工作时间及服务业份额的动态演变，理论模型强调技术增长的作用。计算表明1960年代欧洲低失业源于技术追赶带来的高生产率增长，但服务业就业快速上升和总工时大幅下降仍需进一步研究。
I examine the dynamic evolutions of unemployment, hours of work, and the service share since the war in the United States and Europe. The theoretical model brings together all three and emphasizes technological growth. Computations show that the very low unemployment in Europe in the 1960s was due to the high productivity growth associated with technological catch‐up. Productivity also played a role in the dynamics of hours, but a full explanation for the fast rise of service employment and the big fall in aggregate hours needs further research. Taxation has played a role but results are mixed.