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as higher future wages and probabilities of promotion or job retention, which might help to explain why an increasing … whether working a higher number of unpaid extra hours involves a higher probability of promotion and excess earnings growth …, and a lower probability of layoff in subsequent years. The pooled, random effects, and fixed effects logit estimates …
Persistent link: https://www.econbiz.de/10005068730
This paper provides an explanation for the empirically proven relationship between overtime and future benefits. We suggest an internal signaling model, in which a worker signals his value to the employer by supplying unpaid overtime. In our empirical analysis, we examine whether overtime has in...
Persistent link: https://www.econbiz.de/10010311119
Significant numbers of employees work more hours in the workplace than their contract stipulates. Such overtime work can either be paid or unpaid. This research considers overtime working in Germany and the UK and shows that the quantitative significance of both paid and unpaid overtime is...
Persistent link: https://www.econbiz.de/10010271760
Significant numbers of employees work more hours in the workplace than their contract stipulates. Such overtime work can either be paid or unpaid. This research considers overtime working in Germany and the UK and shows that the quantitative significance of both paid and unpaid overtime is...
Persistent link: https://www.econbiz.de/10011325986
Although the standard work week is longer in East than in West Germany, there is a higher incidence and average amount of unpaid overtime worked in the new states. We try to explain the striking differences in unpaid overtime by analyzing the labor supply side. We focus on the investment...
Persistent link: https://www.econbiz.de/10010296477
Although the standard work week is longer in East than in West Germany, there is a higher incidence and average amount of unpaid overtime worked in the new states. We try to explain the striking differences in unpaid overtime by analyzing the labor supply side. We focus on the investment...
Persistent link: https://www.econbiz.de/10010311118
The potentially adverse labor market effects of severance pay mandates are a continuing source of policy concern. In a seminal study, Lazear (1990) found that contract avoidance of severance pay firing costs was theoretically simple - a bonding scheme would do - but that empirically the labor...
Persistent link: https://www.econbiz.de/10010278733
Displaced workers, especially long tenured workers, face large human capital losses. Private firms frequently offer insurance against this threat in the form of severance pay -- scheduled benefits linked in expectation to the worker's human capital loss. We explore this linkage, first reviewing...
Persistent link: https://www.econbiz.de/10003355567
layoff decisions. The firing cost implications of insurance plan are sensitive to the types of job separations that qualify a …
Persistent link: https://www.econbiz.de/10003968599
; layoff ; employment ; insurance ; savings ; moral hazard …
Persistent link: https://www.econbiz.de/10009311585