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This chapter deals with the question of whether labour standards are less relevant or more relevant for the new world of work which is vastly different from the old world of work when most labour standards were first established. The various rationales for labour standards are first outlined....
Persistent link: https://www.econbiz.de/10012549115
In 2012, a new law allowed firms in Portugal to reduce the overtime premium paid by half. Until then, as in other … countries, premiums were subject to a minimum level. We analyse matched panel data, including worker-level (base and overtime …) hours and pay, to study the effects of the resulting greater flexibility in overtime pay setting. We find that half of the …
Persistent link: https://www.econbiz.de/10012118993
This paper develops a unified model of dual and unitary job holding based on a Stone-Geary utility function. The model incorporates both constrained and unconstrained labor supply. Panel data methods are adapted to accommodate unobserved heterogeneity and multinomial selection into 6 mutually...
Persistent link: https://www.econbiz.de/10012120931