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A substantial number of employees work additional noncontract hours for no pay. The authors advance several economic explanations for this phenomenon. Empirical work is based on the U.K. Labour Force Survey for 1993/94. The authors establish the quantitative importance of unpaid work on overtime...
Persistent link: https://www.econbiz.de/10005284536
At 4-digit United States manufacturing industry level, we find evidence suggesting that the stylized fact of procyclical labour productivity should be treated with great caution. We use the NBER Manufacturing Productivity database to investigate the relationship between hourly labour...
Persistent link: https://www.econbiz.de/10005195450
Both theoretical and empirical labor market papers that incorporate the workers-hours dichotomy often contain assumptions about shapes of the overtime premium schedules faced by industry. Using cross-section data for British production industries in three years of sharply contrasting economic...
Persistent link: https://www.econbiz.de/10005195464
Against the background of firm-specific human capital theory, this paper investigates empirically the relative propensity of manufacturing industries in Japan, Germany, the United Kingdom, and the United States to hold excess labor over the business cycle. Both stock and utilization dimensions...
Persistent link: https://www.econbiz.de/10005324255