The value of non-working time incorporated in quality of life comparisons: The case of the US vs. the Netherlands

Comparisons of well-being across societies depend both on the amount of inequality at the national level and also on the national average level of well-being. Comparisons between the U.S. and western Europe show that inequality is greater in the U.S. but that average GDP per capita is also greater in the U.S., and most Americans have higher standards of living than do western Europeans at comparable locations in their national income distributions. What is less wellknown is that (depending on the country) much or all of this gap arises from differences in the level of working hours in the U.S.... Mehr ...