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|What shapes are overtime premium schedules? Some evidence from Japan, the UK, and the US
|Hart, Robert A
Malley, James R
|Overtime premium schedule
|Hart RA, Malley JR & Ruffell R (1996) What shapes are overtime premium schedules? Some evidence from Japan, the UK, and the US. Economics Letters, 53 (1), pp. 97-102. https://doi.org/10.1016/S0165-1765%2896%2900889-0
|We provide estimates of the shapes of overtime premium schedules for three contrasting economies, based on two-digit industries through time. At one end of the spectrum, the United Kingdom has no legislation concerning the minimum premium rate while, at the other, the United States mandates a high minimum premium of 1.5 times the straight-time hourly rate. In between these extremes, Japan sets a minimum premium of 1.25. We concentrate, in particular, on the question of whether the premium rises in average hours.
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