Burdín, Gabriel; Kambayashi, Ryo; Kato, Takao - 2024
establishments. Total earnings decrease by 2% due to reduced overtime pay, while hourly wages remain unchanged. Notably, the reform …, using payroll and survey data in a difference-in-difference design. We find that the reform's introduction of an overtime … cap reduces average monthly overtime hours by 5 hours (-25%) and compresses the distribution of overtime within …