Year: 1997
Type: preprint
Abstract: Using a pooled data set consisting of 20 annual observations on each of eleven major\nindustry groups, I estimate the effects of overtime pay regulation on weekly work schedules.\nAfter controlling for workweek trends within industries, the sharp expansions in overtime pay\ncoverage resulting from legislative amendments and Supreme Court decisions produced no\ndiscernible impact on overtime hours. This finding is consistent with a model of labor market\nequilibrium in which straight-time hourly wages adjust to neutralize the statutory overtime\npremium.
Authors: Stephen J. Trejo, Stephen J. Trejo
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W4300694282