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Experimental tests of dynamically inconsistent time preferences have largely relied on choices over time-dated monetary rewards. Several recent studies have failed to find the standard patterns of time inconsistency. However, such monetary studies contain often discussed confounds. In this...
Persistent link: https://www.econbiz.de/10013087790
According to Census and CPS data, the share of employed American men regularly working more than 48 hours per week is higher today than it was 25 years ago. Using CPS data from 1979 to 2006, we show that this increase was greatest among highly educated, highly-paid, and older men, was...
Persistent link: https://www.econbiz.de/10013220956
is apparently insensitive to economic conditions in Korea, unlike in Japan (Freemand and Weitzinan). When "overtime …
Persistent link: https://www.econbiz.de/10013237025
Our paper presents a methodology that can be used to estimate the extent of noncompliance with the overtime pay … overtime who fail to receive a premium of at least time and a half, as called for by the legislation, is in the range of 25 … noncompliance suggest that decisions about whether to comply with the overtime provisions of the FLSA are at least partially based …
Persistent link: https://www.econbiz.de/10013237295
to accept mandatory assignment of overtime, by receiving higher straight-time wages. Our estimating equations are derived … from a model in which wage rates and the existence of mandatory assignment of overtime are jointly determined in the market … compensating wage differential for mandatory overtime, we do observe the existence of such differentials for unionized workers and …
Persistent link: https://www.econbiz.de/10013240351
day. In 1980 this daily overtime penalty was extended to men. This change provides a unique opportunity to estimate the … Current Population Survey data from 1973 and 1985, we find that the overtime penalty substantially reduced the amount of daily … overtime worked by California men compared to men in other states and to women in California. Our estimates imply that the …
Persistent link: https://www.econbiz.de/10013230976