European Union Member States share a common vision of how society should be organised, which is different from other parts of the world. This has come to be known as the European Social Model. According to the widely shared policy consensus in international organisations, one would expect that...

The article presents two other applications of the standard neoclassical model of consumption-leisure choice, which forms the individual labour supply. The first one is decision making concerning time allocation with regard to household production; the second one is focused on labour supply over...