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We find widespread evidence of firms appearing to avoid paying overtime wages by exploiting a federal law that allows them to do so for employees termed as "managers" and paid a salary above a pre-defined dollar threshold. We show that listings for salaried positions with managerial titles...
Persistent link: https://www.econbiz.de/10013537720
illustrate our theory with an application to show that our model is consistent with the observed dispersion of earnings within …
Persistent link: https://www.econbiz.de/10012629510