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On the Genesis of the Canonical Labor Supply Model

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  • Derobert, Laurent

Abstract

The individual's labor supply model, usually called leisure-income, is very well known in labor economics. It determines the time a person spends on the labor market by studying it as the outcome of a trade-off between leisure and income. The model is developed in almost every book on microeconomics. But strangely enough, although all economists know the model, no one seems to know precisely its origins.

Suggested Citation

  • Derobert, Laurent, 2001. "On the Genesis of the Canonical Labor Supply Model," Journal of the History of Economic Thought, Cambridge University Press, vol. 23(2), pages 197-215, June.
    • Handle: RePEc:cup:jhisec:v:23:y:2001:i:02:p:197-215_00
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    Cited by:

    1. Ignacio Falgueras‐Sorauren, 2010. "New Lights On The Robbinsian Theory Of Work Supply," Scottish Journal of Political Economy, Scottish Economic Society, vol. 57(4), pages 375-403, September.
    2. Bruce E. Kaufman, 2010. "Chicago and the Development of Twentieth-Century Labor Economics," Chapters, in: Ross B. Emmett (ed.), The Elgar Companion to the Chicago School of Economics, chapter 9, Edward Elgar Publishing.
    3. Laurent Derobert & Guillaume Thieriot, 2003. "The Lorenz curve as an archetype: A historico-epistemological study," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 10(4), pages 573-585.
    4. Helena Lopes & Sérgio Lagoa & Ana C Santos, 2019. "Work conditions and financial difficulties in post-crisis Europe: Utility versus quality of working life," The Economic and Labour Relations Review, , vol. 30(1), pages 39-58, March.
    5. David Spencer, 2003. "Love's labor's lost? the disutility of work and work avoidance in the economic analysis of labor supply," Review of Social Economy, Taylor & Francis Journals, vol. 61(2), pages 235-250.
    6. Robert Prasch, 2003. "How is Labor Distinct From Broccoli? Some Unique Characteristics of Labor and Their Importance for Economic Analysis and Policy," Middlebury College Working Paper Series 03-30, Middlebury College, Department of Economics.

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