Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/21233 
Year of Publication: 
2001
Series/Report no.: 
IZA Discussion Papers No. 373
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
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.
Subjects: 
Overtime
work hours
compensating differential
JEL: 
J33
J38
J23
Document Type: 
Working Paper

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