Abstract

http://ssrn.com/abstract=395060
 
 

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Wages, Hours, and Overtime Premia: Evidence from the British Labor Market


David N.F. Bell


University of Stirling - Department of Economics; Institute for the Study of Labor (IZA)

Robert A. Hart


University of Stirling - Department of Economics; Institute for the Study of Labor (IZA)


Industrial & Labor Relations Review, Vol. 56, No. 3, April 2003

Abstract:     
Unlike the United States, Britain has no national laws regulating overtime hour assignment or compensation. Using individual-level data on male non-managerial workers from the 1998 British New Earnings Survey, the authors investigate relationships among the standard hourly wage rate, hourly earnings (including overtime), the overtime premium, and the length of overtime hours. They find that when overtime is accounted for, average hourly wage earnings are fairly uniform across firms in a given industry, because firms paying below-market-level straight-time wages tend to award above-market-level overtime premiums, and, conversely, firms paying above-market-level straight-time wages provide below-market-level overtime premiums.

JEL Classification: J22, J23

Accepted Paper Series





Not Available For Download

Date posted: July 23, 2003  

Suggested Citation

Bell, David N.F. and Hart, Robert A., Wages, Hours, and Overtime Premia: Evidence from the British Labor Market. Industrial & Labor Relations Review, Vol. 56, No. 3, April 2003. Available at SSRN: http://ssrn.com/abstract=395060

Contact Information

David N.F. Bell (Contact Author)
University of Stirling - Department of Economics ( email )
Stirling, Scotland FK9 4LA
United Kingdom
+44 1786 467 486 (Phone)
+44 1786 467 469 (Fax)
Institute for the Study of Labor (IZA)
P.O. Box 7240
Bonn, D-53072
Germany
Robert A. Hart
University of Stirling - Department of Economics ( email )
Stirling, Scotland FK9 4LA
United Kingdom
+44 1786 467 471 (Phone)
+44 1786 467 469 (Fax)
Institute for the Study of Labor (IZA)
P.O. Box 7240
Bonn, D-53072
Germany
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