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Does the Statutory Overtime Premium Discourage Long Workweeks?
Overtime work hours compensating differential
2013/10/18
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 ...
Why Do Firms Pay an Overtime Premium?
overtime premium specific human capital asymmetric information
2013/10/17
This paper develops a two-period specific human capital model in which the bargaining parties seek to achieve optimal wage-hours contracts in the face of asymmetrically held information. With a single...