Does the Statutory Overtime Premium Discourage Long Workweeks?
利用11个主要行业20年的数据,研究发现加班费法规的覆盖范围扩大对加班时间没有明显影响,说明基本工资调整抵消了法定加班费的作用。
Using a pooled data set consisting of 20 annual observations on each of 11 major industry groups, the author estimates the effects of overtime pay regulation on weekly work schedules. In an analysis that controls for workweek trends within industries, the sharp expansions in overtime pay coverage resulting from legislative amendments and Supreme Court decisions are found to have had 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.