The Effects of Overtime Pay Regulation on Worker Compensation
研究加班工资法规是否真的能增加就业,发现企业会调整基本工资来抵消部分影响,但无法完全抵消。
Proponents claim that a statutory overtime premium, by raising the relative cost of overtime, may encourage firms to substitute employment for overtime hours. The author argues that there will be no real effects if firms reduce straight-time wages so as to offer the same package of weekly compensation and hours of work that was acceptable initially. Empirical analysis suggests that wage differentials do arise to mitigate the purely demand-driven effects predicted by previous models, but these differentials are not large enough to neutralize overtime pay regulation completely. Copyright 1991 by American Economic Association.