externality that is internalized in Europe through laws on the minimum amount of vacation time (and maximum hours of work … model and data on work time are used to obtain an estimate of the US welfare gain from reducing its work time to Europe …

selected determining factors. Among the various parameters having been proposed as qol determinants, leisure and culture issues … have only recently found their place, as they had long been neglected. In the 'developed' societies leisure time is …'s well-being. The 'right' to leisure is considered to be a measure for the societal quality, in the terms of personal freedom …