The Economics of Overtime Working

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9780521805285: The Economics of Overtime Working

Numerous individuals throughout international labor markets work hours in excess of their standard contractual hours. Robert Hart presents the first comprehensive economic evaluation of this phenomenon, examining theoretical, empirical and policy aspects of overtime hours and pay. He utilizes detailed international evidence drawn from the U.S., Western Europe and Japan in his comparative assessment of labor supply and demand and compensating differential models of overtime behavior.

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Book Description:

Numerous individuals throughout international labour markets work hours in excess of their standard contractual hours. Professor Hart presents the first comprehensive economic evaluation of this phenomenon, examining theoretical, empirical and policy aspects of overtime hours and pay. In a comparative assessment of labour supply, labour demand and compensating differential models of overtime behaviour he utilises detailed international evidence drawn from the United States, Western Europe and Japan. Displaying analytical rigour and empirical expertise, Professor Hart's work extends far beyond mere summary of existing research to enliven and inform this debate.

About the Author:

Robert A. Hart is Professor of Economics at the University of Stirling. He is a labour market economist and acknowledged authority on the economics of working time. He is the author of The Economics of Non-Wage Labour Costs (1984), Working Time and Employment (1987), Human Capital, Employment and Bargaining (with Thomas Moutos, 1995) and Work and Pay in Japan (with Seiichi Kawasaki, 1999).

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