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The Economics of Overtime Working Robert A. Hart (University of Stirling)

The Economics of Overtime Working By Robert A. Hart (University of Stirling)

The Economics of Overtime Working by Robert A. Hart (University of Stirling)


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Summary

Numerous individuals throughout international labour markets work hours in excess of their standard contractual hours. Professor Hart presents the first comprehensive economic evaluation of this phenomenon, examining theoretical, empirical and policy aspects of overtime hours and pay, including comparison of international evidence from the United States, Western Europe and Japan.

The Economics of Overtime Working Summary

The Economics of Overtime Working by Robert A. Hart (University of Stirling)

Numerous individuals throughout international labour markets work hours in excess of their standard contractual hours. Overtime working is a vital consideration in the employment and wage decisions of many households and firms. From a policy perspective, overtime is at the centre of interest in the work sharing/unemployment trade off. Robert Hart presents the first comprehensive economic evaluation of this phenomenon, examining theoretical, empirical and policy aspects of overtime hours and pay. In a comparative assessment of labour supply, labour demand and compensating differential models of overtime behaviour, he utilises detailed international evidence drawn from the United States, Western Europe and Japan. Policy initiatives linked to job creation, work sharing, absenteeism and payroll taxation are critically assessed and presented in an intuitive manner. Displaying analytical rigour and empirical expertise, Robert Hart's work extends far beyond a mere summary of existing research to enliven and inform debate.

The Economics of Overtime Working Reviews

'Robert Hart has written the definitive book on the economics of overtime work. His insightful and readable volume is sure to become the standard reference for researchers and policymakers interested in this important dimension of the labor market. Not only does Hart ably survey and synthesize what we currently know about the topic, but he also highlights existing puzzles and new developments where future research could be especially fruitful.' Steve Trejo

About Robert A. Hart (University of Stirling)

Robert A. Hart is Professor of Economics at the University of Stirling. He is a labour market economist and acknowledged authority on the economics of working time. He is the author of The Economics of Non-Wage Labour Costs (1984), Working Time and Employment (1987), Human Capital, Employment and Bargaining (with Thomas Moutos, 1995) and Work and Pay in Japan (with Seiichi Kawasaki, 1999).

Table of Contents

1. Overview; 2. Facts and figures; 3. The overtime decision; 4. The overtime premium; 5. Overtime hours and empirical studies; 6. Overtime pay and empirical studies; 7. Policy issues; 8. Is overtime working here to stay?

Additional information

NPB9780521791021
9780521801423
0521801427
The Economics of Overtime Working by Robert A. Hart (University of Stirling)
New
Hardback
Cambridge University Press
2004-08-26
180
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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