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We investigate whether working time is related to the intensity of income comparisons and relative income. Our simple theoretical model demonstrates that the effects of relative income concerns depend on whether an individual can choose contractual working hours and/or overtime. In the empirical...
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Regulation of standard workweek hours and overtime hours and pay can protect workers who might otherwise be required to work more than they would like to at the going rate. By discouraging the use of overtime, such regulation can increase the standard hourly wage of some workers and encourage...
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This paper studies the employment and income effects of a federal proposal in 2016 to expand overtime coverage to additionally cover salaried workers earning between $455 and $913 per week ($23,660 and $47,476 per annum). Although the policy was unexpectedly nullified a week before its proposed...
Persistent link: https://www.econbiz.de/10012833256
Regulation of standard workweek hours and overtime hours and pay can protect workers who might otherwise be required to work more than they would like to at the going rate. By discouraging the use of overtime, such regulation can increase the standard hourly wage of some workers and encourage...
Persistent link: https://www.econbiz.de/10013252951
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Income from overtime work is subject to income tax in most European countries. However, the effect of overtime tax introduction on hours worked has largely remained an unanswered question. This paper examines an unanticipated re-introduction of French overtime tax in 2012, by comparing full-time...
Persistent link: https://www.econbiz.de/10013289305