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Title:How Important Is Guaranteed or Institutionalised Overtime? PDF Logo
Authors:Bell, David N.F.
Issue Date:2003
Series/Report no.:IZA Discussion paper series 766
Abstract:Basing our empirical work on the British New Earnings Survey Panel Data between 1990 and 1996, we show that overtime hours of male workers contain significant individual effects. We also show that using suitable techniques to deal with the lagged overtime variable serves to alter radically the estimated speed of adjustment of overtime to its desired level. Our results are consistent with firms either guaranteeing the length of weekly overtime or following institutionalised custom and practice in their overtime arrangements. They are far less supportive of traditional demand-side analyses of overtime working.
Subjects:overtime hours
individual effects
GMM estimation
JEL:J23
J22
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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