The Impact of the Overtime Premium on Employment and Hours in U.S. Industry
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Ehrenberg, Ronald G.
[Excerpt] This paper presents empirical estimates of the intra-industry cross-section relationship between annual overtime hours per man and the ratio of these quasi-fixed costs to the overtime wage rate. Estimates are also made of the impact of a change in the overtime premium on employment and hours; these estimates have implications for policymakers concerned with the wisdom of increasing the overtime premium as a method of job creation.
overtime; employment; industry; manpower; wage rates
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