Arbeitspapier
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 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.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 373
- Classification
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Wirtschaft
Compensation Packages; Payment Methods
Wages, Compensation, and Labor Costs: Public Policy
Labor Demand
- Subject
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Overtime
work hours
compensating differential
Überstunden
Lohn
Arbeitsrecht
Arbeitszeit
Ökonomischer Anreiz
Schätzung
USA
- Event
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Geistige Schöpfung
- (who)
-
Trejo, Stephen J.
- Event
-
Veröffentlichung
- (who)
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Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2001
- Handle
- Last update
- 10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Trejo, Stephen J.
- Institute for the Study of Labor (IZA)
Time of origin
- 2001