How would people spend time if confronted by permanent declines in market work? We identify preferences off exogenous cuts in standard hours that raised employers' overtime costs in Japan around 1990 and Korea in the early 2000s. We use time diaries to relate the probability that an individual...

The statutory minimum wage in Japan has increased continuously for a few decades until the early 2000s even during a period of deflation. This paper examines the impact of the minimum wage on wage and employment outcomes under this unusual circumstance. We find that the minimum-wage increase...