WHAT SHAPES ARE OVERTIME PREMIUM SCHEDULES - SOME EVIDENCE FROM JAPAN, THE UK, AND THE US

Authors
HART RA MALLEY JR RUFFELL RJ
Citation
Ra. Hart et al., WHAT SHAPES ARE OVERTIME PREMIUM SCHEDULES - SOME EVIDENCE FROM JAPAN, THE UK, AND THE US, Economics letters, 53(1), 1996, pp. 97-102
Citations number
7
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
53
Issue
1
Year of publication
1996
Pages
97 - 102
Database
ISI
SICI code
0165-1765(1996)53:1<97:WSAOPS>2.0.ZU;2-0
Abstract
We provide estimates of the shapes of overtime premium schedules for t hree contrasting economies, based on two-digit industries through time . At one end of the spectrum, the United Kingdom has no legislation co ncerning the minimum premium rate while, at the other, the United Stat es mandates a high minimum premium of 1.5 times the straight-time hour ly rate. In between these extremes, Japan sets a minimum premium of 1. 25. We concentrate, in particular, on the question of whether the prem ium rises in average hours.