This paper offers a contract-based theory to explain the determination of standard hours, overtime hours and overtime … explore a simple wage-hours contract without overtime and show that incorporating hours into the contract may itself produce … efficiency gains. We then show how the introduction of overtime hours, remunerated at premium rates, can further improve contract …

Around 40% of the male workforce regularly works 8 to 9 hours a week of paid overtime. This paper investigates the … determinants of overtime hours in Britain over the period 1975-1999. For this purpose a panel data Tobit model is estimated using … in the job-mix across the economy, from high to low overtime jobs rather than within-job changes in the use of overtime …

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 greater in the UK. Empirical work is based on the UK Labour Force …