How Important Is Guaranteed or Institutionalised Overtime?

David Bell () and Robert A. Hart ()

No 766, IZA Discussion Papers from Institute for the Study of Labor (IZA)

Abstract: Basing our empirical work on the British New Earnings Survey Panel Data between 1990 and 1996, we show that overtime hours of male workers contain significant individual effects. We also show that using suitable techniques to deal with the lagged overtime variable serves to alter radically the estimated speed of adjustment of overtime to its desired level. Our results are consistent with firms either guaranteeing the length of weekly overtime or following institutionalised custom and practice in their overtime arrangements. They are far less supportive of traditional demand-side analyses of overtime working.

Keywords: overtime hours; individual effects; GMM estimation (search for similar items in EconPapers)
JEL-codes: J22 J23 (search for similar items in EconPapers)
Date: Written
View list of references

Downloads: (external link)
ftp://repec.iza.org/RePEc/Discussionpaper/dp766.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:iza:izadps:dp766

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute for the Study of Labor (IZA)
Address: IZA, P.O. Box 7240, D-53072 Bonn, Germany
Contact information at EDIRC.
Series data maintained by Mark Fallak ().