Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/283066 
Authors: 
Year of Publication: 
2024
Series/Report no.: 
IMK Study No. 91
Publisher: 
Hans-Böckler-Stiftung, Institut für Makroökonomie und Konjunkturforschung (IMK), Düsseldorf
Abstract: 
This paper compares living and working conditions in the U.S. and Germany for the year 2022 with a focus on economic, social and environmental standards. Twelve dimensions of comparison are used, split into 15 themes, which are examined with 80 indicators. Subjective indicators based on polls or surveys, such as happiness or quality of life in general, are explicitly avoided. A special emphasis is placed on median values instead of mean values if data allow. Emphasis is also placed on income and wealth inequality. The methodology, which focuses on only two countries in a granular approach, provides much more detailed information than methodologies used in other studies. This paper is, to the knowledge of the author, the only comprehensive comparison of living conditions in the U.S. and Germany. The result of the comparison shows that Germany scores 23 and the U.S. only 6. The framing of the comparison is the analysis of two different types of capitalism. It underlines the limited role of GDP per capita for the living conditions of the majority of the population while highlighting the impact of institutions and the type of the welfare state.
Subjects: 
living conditions
quality of life
international comparisons
inequality
National Accounting
JEL: 
P10
P16
P50
P51
Creative Commons License: 
cc-by Logo
Document Type: 
Research Report

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.