Does the statutory overtime premium discourage long workweeks?:

Using a pooled data set consisting of 20 annual observations on each of eleven major industry groups, I estimate the effects of overtime pay regulation on weekly work schedules. After controlling for workweek trends within industries, the sharp expansions in overtime pay coverage resulting from legi...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Beteilige Person: Trejo, Stephen J. 1959- (VerfasserIn)
Format: Buch
Sprache:Englisch
Veröffentlicht: Bonn IZA 2001
Schriftenreihe:Discussion paper / Forschungsinstitut zur Zukunft der Arbeit 373
Schlagwörter:
Zusammenfassung:Using a pooled data set consisting of 20 annual observations on each of eleven major industry groups, I estimate the effects of overtime pay regulation on weekly work schedules. After controlling for workweek trends within industries, the sharp expansions in overtime pay coverage resulting from legislative amendments and Supreme Court decisions produced no discernible impact on overtime hours. This finding is consistent with a model of labor market equilibrium in which straight-time hourly wages adjust to neutralize the statutory overtime premium.
Umfang:34, 6 S.