In 2012, in the midst of a recession, a labour law reform in Portugal allowed firms to reduce the overtime premium paid to their workers by 50% or more. Until then, overtime premiums were set by law at a relatively high level and could not be cut unilaterally. We analyse matched...

The standard literature on working time has modelled the decisions of firms in a deterministic framework in which firms can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we consider the impact of uncertainty and real options on the decision of...

Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...

This paper analyses the structures and patterns, dimensions and interest relations behind 200 years of working time negotiations and conflicts, based on historical and contemporary literature and research, mainly but not exclusively in Germany. One main thesis is that 'new' flexibilization...

Through the survey of 530 Russian CEOs of industrial companies, we were able to receive the self-reported evidence on overall working load and time distribution of Russian executives. The data suggests that Russian CEOs exhibit the patterns of time management, familiar to Western managers 20-30...