A model is developed to predict the effects of recently proposed amendments to the FLSA workweek and overtime provisions. It contrasts allowing compensatory time for overtime pay for private non-exempt employees to “rights to request” reduced hours. It finds that hours demanded are likely to...

This paper addresses the on-going controversy regarding whether to allow private sector employers to substitute compensatory (comp) time for premium pay for workers' overtime work hours. It employs data from a unique survey that actually asked over 800 workers their preference for pay vs. future...

Status considerations with respect to consumption give rise to negative externalities because individuals do not take into account that their decisions affect the relative consumption position of others. Further, status concerns create incentives for excessive labour supply in competitive...

Status considerations with respect to consumption give rise to negative externalities because individuals do not take into account that their decisions affect the relative consumption position of others. Further, status concerns create incentives for excessive labour supply in competitive...

Status considerations with respect to consumption give rise to negative externalities because individuals do not take into account that their decisions affect the relative consumption position of others. Further, status concerns create incentives for excessive labour supply in competitive...

Status considerations with respect to consumption give rise to negative externalities because individuals do not take into account that their decisions affect the relative consumption position of others. Further, status concerns create incentives for excessive labour supply in competitive...