Overtime work in Germany: the investment character of unpaid hours
Saved in:
| Main Author: | |
|---|---|
| Format: | Thesis Book |
| Language: | English |
| Published: |
Aachen
Shaker
2006
|
| Series: | Berichte aus der Volkswirtschaft
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XX, 297 S. graph. Darst. |
| ISBN: | 3832249176 |
Staff View
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| adam_text | CONTENTS I. INTRODUCTION 1 II. AN OVERVIEW OF OVERTIME 7 1. INTRODUCTION
7 2. OVERTIME: DEFINITION AND EMERGENCE IN THE ECONOMY 8 2.1. THE
HOUSEHOLD S PERSPECTIVE 9 2.1.1. THE SUPPLY OF OVERTIME HOURS BY WORKERS
9 2.1.2. IMPLICATIONS OF WORKING OVERTIME FOR WORKERS 12 2.2. THE FIRM S
PERSPECTIVE 14 2.2.1. THE DEMAND FOR OVERTIME HOURS BY EMPLOYERS 14
2.2.2. SHORT-TERM FLUCTUATIONS IN LABOR DEMAND 15 2.2.3. PERSISTENT
DEMAND OF OVERTIME HOURS: FIXED LABOR COSTS 16 2.2.4. LABOR MARKET
INSTITUTIONS: EMPLOYMENT PROTECTION 17 2.2.5. IMPLICATIONS OF OVERTIME
FOR FIRMS 20 2.3. OVERTIME FROM THE PERSPECTIVE OF POLICY MAKERS 21
2.3.1. THE WORK-SHARING DEBATE 21 2.3.2. THE REDUCTION IN OVERTIME 24 3.
REGULATION OF OVERTIME WORK 27 3.1. SUPRANATIONAL WORKING TIME
REGULATION 28 3.2. WORKING TIME REGULATION IN GERMANY 29 3.2.1. OVERTIME
REGULATION IN GERMANY 29 3.2.2. THE OVERTIME PREMIUM 30 3.2.3. WORKING
TIME ACCOUNTS 31 3.3. AN INTERNATIONAL PERSPECTIVE 32 VIII CONTENTS
3.3.1. THE U.S. FAIR LABOR STANDARDS ACT (1938) 33 3.3.2. OVERTIME
REGULATION IN EUROPE 34 3.3.3. AN INTERNATIONAL COMPARISON 36 4. DATA
AVAILABILITY AND MEASUREMENT 37 4.1. ADMINISTRATIVE DATA ON OVERTIME IN
GERMANY 37 4.2. SURVEY DATA ON OVERTIME IN GERMANY 38 4.3. THE GERMAN
SOCIO-ECONOMIC PANEL STUDY (SOEP) 40 4.4. INTERNATIONAL DATA ON OVERTIME
HOURS 42 4.5. MEASUREMENT PROBLEMS 43 5. DESCRIPTIVE EVIDENCE 45 5.1.
STANDARD WORKING TIME IN GERMANY 45 5.2. OVERTIME IN THE OFFICIAL
STATISTICS 46 5.3. OVERTIME IN THE SOEP 48 5.4. INTERNATIONAL COMPARISON
OF OVERTIME 58 6. CONCLUSION 62 III. WHAT THE THEORY PREDICTS 65 1.
INTRODUCTION 65 2. THE NEOCLASSICAL THEORY OF LABOR SUPPLY 66 3. THE
NEOCLASSICAL THEORY OF LABOR DEMAND 68 4. THE REAL OPTION THEORY 73 5.
THE THEORY OF EQUALIZING DIFFERENCES 77 6. IMPLICIT CONTRACTS 81 7.
WAGE-HOURS CONTRACT
MODEL..*........*...*..***.*..,***.***..*.*..*****.*. 85 8. EFFICIENCY
WAGE THEORY 88 CONTENTS IX_ 9. REAL BUSINESS CYCLE THEORY 91 10.
CONCLUSION 94 FV. REGIONAL UNEMPLOYMENT AND OVERTIME IN GERMANY 97 1.
INTRODUCTION 97 2. THE INVESTMENT CHARACTER OF OVERTIME 98 2.1. PREVIOUS
RESEARCH 99 2.2. THEORETICAL CONSIDERATIONS 100 3. DATA 104 3.1. SAMPLE
DESCRIPTION AND DEPENDENT VARIABLE 104 3.2. REGIONAL UNEMPLOYMENT
VARIABLES 105 3.3. CONTROL VARIABLES 106 4. ACTUAL HOURS, OVERTIME WORK,
AND DESIRED WORKING TIME 108 5. ECONOMETRIC ANALYSIS 114 5.1. TOBIT
MODEL 114 5.2. PREDICTIONS OF THE MODEL 115 6. RESULTS 117 6.1. CONTROL
VARIABLES 117 6.2. POOLED TOBIT MODEL 118 6.3. RANDOM EFFECTS TOBIT
MODEL 121 6.4. LINEAR FIXED EFFECTS MODEL 122 6.5. INTERACTION TERMS 123
7. ROBUSTNESS CHECKS AND EXTENSIONS .. **.........***.**.*...*.*** . 128
7.1. UNEMPLOYMENT MEASURES AND REVERSED CAUSALITY 128 7.2. UNPAID
OVERTIME AS DEVIATION FROM THE MEAN 130 X CONTENTS 7.3. UNPAID OVERTIME
AND UNIONS 131 7.4. REGIONAL UNEMPLOYMENT AND COMMUTING 133 7.5. THE
EXPECTATION OF JOB LOSS 134 7.6. UNPAID OVERTIME AND FIRM CLOSURES 136
8. OVERTIME HOURS AND THE BUSINESS CYCLE 136 9. CONCLUSION 141 V. THE
EFFECTS OF UNPAID OVERTIME ON WAGES, PROMOTIONS, AND LAYOFFS.... 145 1.
INTRODUCTION 145 2. UNPAID OVERTIME AND FUTURE PAYOFFS 146 2.1. PREVIOUS
RESEARCH 146 2.2. THEORETICAL CONSIDERATIONS 147 3. DATA 149 3.1. SAMPLE
AND VARIABLE DESCRIPTION 149 3.2. PAYOFF VARIABLES 151 4. TRENDS IN PAID
AND UNPAID OVERTIME 155 5. ECONOMETRIC ANALYSIS 162 5.1. BINARY CHOICE
MODEL 162 5.2. SAMPLE SELECTION MODEL 164 6. RESULTS 165 6.1. EXCESS
EARNINGS GROWTH 166 6.2. PROMOTION PROBABILITY 168 6.3. LAYOFF
PROBABILITY 170 6.4. ROBUSTNESS CHECKS AND EXTENSIONS 172 6.4.1.
VARIATIONS IN THE SAMPLE 173 CONTENTS X _ 6.4.2. VARIATION IN THE
MEASURE OF WAGE GROWTH 176 6.4.3. UNPAID OVERTIME AS DEVIATION FROM THE
MEAN 177 7. CONCLUSION......................... 178 VI. OVERTIME WORK AS
A SIGNALING DEVICE 183 1. INTRODUCTION 183 2. FORWARD-LOOKING LABOR
SUPPLY 184 2.1. REASONS FOR UNPAID OVERTIME 184 2.2. UNPAID OVERTIME AND
FUTURE RETURNS 185 2.3. OVERTIME SIGNALING 186 3. INTERNAL SIGNALING
GAME 188 3.1. INFORMATION ASYMMETRY IN THE FIRM 188 3.2. THE SIGNAL OF
THE WORKER S VALUE 189 4. THE MODEL 191 4.1. MODEL SET-UP 191 4.2. NO
SIGNALING CASE 194 4.3. SIGNALING CASE 195 4.3.1. PERFECT BAYESIAN
EQUILIBRIUM 196 4.3.2. SEPARATING EQUILIBRIUM 198 4.3.3. POOLING
EQUILIBRIUM 199 4.3.4. WELFARE ANALYSIS 201 4.4. REFINEMENTS 202 4.5.
FROM THEORY TO EMPIRICAL TESTING 204 5. EMPIRICAL TESTING 206 5.1.
IDENTIFICATION STRATEGY 206 5.1.1. EARNINGS EFFECTS OF UNPAID OVERTIME
206 XII CONTENTS 5.1.2. A QUASI-EXPERIMENT WITH UNPAID OVERTIME 208
5.1.3. ECONOMETRIC STRATEGY 210 5.1.4. TREATMENT AND CONTROL GROUP 212
5.2. DATA 214 5.3. RESULTS 215 5.3.1. RAW ESTIMATES 215 5.3.2.
DIFFERENCE-IN-DIFFERENCE ESTIMATES 216 5.4. ROBUSTNESS CHECKS AND
EXTENSIONS 218 5.4.1. THE ENDOGENEITY OF CONTRACTUAL HOURS 218 5.4.2.
VARIATIONS IN THE COUNTERFACTUAL 221 5.4.3. FUTURE EARNINGS AND DEFERRED
COMPENSATION 223 5.4.4. WHITE-COLLAR WORKERS 225 5.4.5. WORKERS WITH
SHORT TENURE 226 5.4.6. ALTERNATIVE TESTING STRATEGIES 228 6. CONCLUSION
229 VII. CONCLUDING REMARKS AND OUTLOOK 233 VIH. APPENDIX 239 IX.
BIBLIOGRAPHY.... 275
|
| adam_txt |
CONTENTS I. INTRODUCTION 1 II. AN OVERVIEW OF OVERTIME 7 1. INTRODUCTION
7 2. OVERTIME: DEFINITION AND EMERGENCE IN THE ECONOMY 8 2.1. THE
HOUSEHOLD'S PERSPECTIVE 9 2.1.1. THE SUPPLY OF OVERTIME HOURS BY WORKERS
9 2.1.2. IMPLICATIONS OF WORKING OVERTIME FOR WORKERS 12 2.2. THE FIRM'S
PERSPECTIVE 14 2.2.1. THE DEMAND FOR OVERTIME HOURS BY EMPLOYERS 14
2.2.2. SHORT-TERM FLUCTUATIONS IN LABOR DEMAND 15 2.2.3. PERSISTENT
DEMAND OF OVERTIME HOURS: FIXED LABOR COSTS 16 2.2.4. LABOR MARKET
INSTITUTIONS: EMPLOYMENT PROTECTION 17 2.2.5. IMPLICATIONS OF OVERTIME
FOR FIRMS 20 2.3. OVERTIME FROM THE PERSPECTIVE OF POLICY MAKERS 21
2.3.1. THE WORK-SHARING DEBATE 21 2.3.2. THE REDUCTION IN OVERTIME 24 3.
REGULATION OF OVERTIME WORK 27 3.1. SUPRANATIONAL WORKING TIME
REGULATION 28 3.2. WORKING TIME REGULATION IN GERMANY 29 3.2.1. OVERTIME
REGULATION IN GERMANY 29 3.2.2. THE OVERTIME PREMIUM 30 3.2.3. WORKING
TIME ACCOUNTS 31 3.3. AN INTERNATIONAL PERSPECTIVE 32 VIII CONTENTS
3.3.1. THE U.S. FAIR LABOR STANDARDS ACT (1938) 33 3.3.2. OVERTIME
REGULATION IN EUROPE 34 3.3.3. AN INTERNATIONAL COMPARISON 36 4. DATA
AVAILABILITY AND MEASUREMENT 37 4.1. ADMINISTRATIVE DATA ON OVERTIME IN
GERMANY 37 4.2. SURVEY DATA ON OVERTIME IN GERMANY 38 4.3. THE GERMAN
SOCIO-ECONOMIC PANEL STUDY (SOEP) 40 4.4. INTERNATIONAL DATA ON OVERTIME
HOURS 42 4.5. MEASUREMENT PROBLEMS 43 5. DESCRIPTIVE EVIDENCE 45 5.1.
STANDARD WORKING TIME IN GERMANY 45 5.2. OVERTIME IN THE OFFICIAL
STATISTICS 46 5.3. OVERTIME IN THE SOEP 48 5.4. INTERNATIONAL COMPARISON
OF OVERTIME 58 6. CONCLUSION 62 III. WHAT THE THEORY PREDICTS 65 1.
INTRODUCTION 65 2. THE NEOCLASSICAL THEORY OF LABOR SUPPLY 66 3. THE
NEOCLASSICAL THEORY OF LABOR DEMAND 68 4. THE REAL OPTION THEORY 73 5.
THE THEORY OF EQUALIZING DIFFERENCES 77 6. IMPLICIT CONTRACTS 81 7.
WAGE-HOURS CONTRACT
MODEL.*.*.*.***.*.,***.***.*.*.*****.*. 85 8. EFFICIENCY
WAGE THEORY 88 CONTENTS IX_ 9. REAL BUSINESS CYCLE THEORY 91 10.
CONCLUSION 94 FV. REGIONAL UNEMPLOYMENT AND OVERTIME IN GERMANY 97 1.
INTRODUCTION 97 2. THE INVESTMENT CHARACTER OF OVERTIME 98 2.1. PREVIOUS
RESEARCH 99 2.2. THEORETICAL CONSIDERATIONS 100 3. DATA 104 3.1. SAMPLE
DESCRIPTION AND DEPENDENT VARIABLE 104 3.2. REGIONAL UNEMPLOYMENT
VARIABLES 105 3.3. CONTROL VARIABLES 106 4. ACTUAL HOURS, OVERTIME WORK,
AND DESIRED WORKING TIME 108 5. ECONOMETRIC ANALYSIS 114 5.1. TOBIT
MODEL 114 5.2. PREDICTIONS OF THE MODEL 115 6. RESULTS 117 6.1. CONTROL
VARIABLES 117 6.2. POOLED TOBIT MODEL 118 6.3. RANDOM EFFECTS TOBIT
MODEL 121 6.4. LINEAR FIXED EFFECTS MODEL 122 6.5. INTERACTION TERMS 123
7. ROBUSTNESS CHECKS AND EXTENSIONS . **.***.**.*.*.*** . 128
7.1. UNEMPLOYMENT MEASURES AND REVERSED CAUSALITY 128 7.2. UNPAID
OVERTIME AS DEVIATION FROM THE MEAN 130 X CONTENTS 7.3. UNPAID OVERTIME
AND UNIONS 131 7.4. REGIONAL UNEMPLOYMENT AND COMMUTING 133 7.5. THE
EXPECTATION OF JOB LOSS 134 7.6. UNPAID OVERTIME AND FIRM CLOSURES 136
8. OVERTIME HOURS AND THE BUSINESS CYCLE 136 9. CONCLUSION 141 V. THE
EFFECTS OF UNPAID OVERTIME ON WAGES, PROMOTIONS, AND LAYOFFS. 145 1.
INTRODUCTION 145 2. UNPAID OVERTIME AND FUTURE PAYOFFS 146 2.1. PREVIOUS
RESEARCH 146 2.2. THEORETICAL CONSIDERATIONS 147 3. DATA 149 3.1. SAMPLE
AND VARIABLE DESCRIPTION 149 3.2. PAYOFF VARIABLES 151 4. TRENDS IN PAID
AND UNPAID OVERTIME 155 5. ECONOMETRIC ANALYSIS 162 5.1. BINARY CHOICE
MODEL 162 5.2. SAMPLE SELECTION MODEL 164 6. RESULTS 165 6.1. EXCESS
EARNINGS GROWTH 166 6.2. PROMOTION PROBABILITY 168 6.3. LAYOFF
PROBABILITY 170 6.4. ROBUSTNESS CHECKS AND EXTENSIONS 172 6.4.1.
VARIATIONS IN THE SAMPLE 173 CONTENTS X\_ 6.4.2. VARIATION IN THE
MEASURE OF WAGE GROWTH 176 6.4.3. UNPAID OVERTIME AS DEVIATION FROM THE
MEAN 177 7. CONCLUSION. 178 VI. OVERTIME WORK AS
A SIGNALING DEVICE 183 1. INTRODUCTION 183 2. FORWARD-LOOKING LABOR
SUPPLY 184 2.1. REASONS FOR UNPAID OVERTIME 184 2.2. UNPAID OVERTIME AND
FUTURE RETURNS 185 2.3. OVERTIME SIGNALING 186 3. INTERNAL SIGNALING
GAME 188 3.1. INFORMATION ASYMMETRY IN THE FIRM 188 3.2. THE SIGNAL OF
THE WORKER'S VALUE 189 4. THE MODEL 191 4.1. MODEL SET-UP 191 4.2. NO
SIGNALING CASE 194 4.3. SIGNALING CASE 195 4.3.1. PERFECT BAYESIAN
EQUILIBRIUM 196 4.3.2. SEPARATING EQUILIBRIUM 198 4.3.3. POOLING
EQUILIBRIUM 199 4.3.4. WELFARE ANALYSIS 201 4.4. REFINEMENTS 202 4.5.
FROM THEORY TO EMPIRICAL TESTING 204 5. EMPIRICAL TESTING 206 5.1.
IDENTIFICATION STRATEGY 206 5.1.1. EARNINGS EFFECTS OF UNPAID OVERTIME
206 XII CONTENTS 5.1.2. A QUASI-EXPERIMENT WITH UNPAID OVERTIME 208
5.1.3. ECONOMETRIC STRATEGY 210 5.1.4. TREATMENT AND CONTROL GROUP 212
5.2. DATA 214 5.3. RESULTS 215 5.3.1. "RAW" ESTIMATES 215 5.3.2.
DIFFERENCE-IN-DIFFERENCE ESTIMATES 216 5.4. ROBUSTNESS CHECKS AND
EXTENSIONS 218 5.4.1. THE ENDOGENEITY OF CONTRACTUAL HOURS 218 5.4.2.
VARIATIONS IN THE COUNTERFACTUAL 221 5.4.3. FUTURE EARNINGS AND DEFERRED
COMPENSATION 223 5.4.4. WHITE-COLLAR WORKERS 225 5.4.5. WORKERS WITH
SHORT TENURE 226 5.4.6. ALTERNATIVE TESTING STRATEGIES 228 6. CONCLUSION
229 VII. CONCLUDING REMARKS AND OUTLOOK 233 VIH. APPENDIX 239 IX.
BIBLIOGRAPHY. 275 |
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| id | DE-604.BV021573319 |
| illustrated | Illustrated |
| index_date | 2024-07-02T14:39:10Z |
| indexdate | 2024-07-09T20:38:58Z |
| institution | BVB |
| isbn | 3832249176 |
| language | English |
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| record_format | marc |
| series2 | Berichte aus der Volkswirtschaft |
| spelling | Anger, Silke 1975- Verfasser (DE-588)131521896 aut Overtime work in Germany the investment character of unpaid hours Silke Anger Aachen Shaker 2006 XX, 297 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Berichte aus der Volkswirtschaft Zugl.: Berlin, Humboldt-Univ., Diss., 2005 Mehrarbeit (DE-588)4196982-0 gnd rswk-swf Arbeitsmarkttheorie (DE-588)4122827-3 gnd rswk-swf Arbeitsangebot (DE-588)4112565-4 gnd rswk-swf Deutschland (DE-588)4011882-4 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Deutschland (DE-588)4011882-4 g Mehrarbeit (DE-588)4196982-0 s Arbeitsangebot (DE-588)4112565-4 s Arbeitsmarkttheorie (DE-588)4122827-3 s DE-604 SWB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014789095&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Anger, Silke 1975- Overtime work in Germany the investment character of unpaid hours Mehrarbeit (DE-588)4196982-0 gnd Arbeitsmarkttheorie (DE-588)4122827-3 gnd Arbeitsangebot (DE-588)4112565-4 gnd |
| subject_GND | (DE-588)4196982-0 (DE-588)4122827-3 (DE-588)4112565-4 (DE-588)4011882-4 (DE-588)4113937-9 |
| title | Overtime work in Germany the investment character of unpaid hours |
| title_auth | Overtime work in Germany the investment character of unpaid hours |
| title_exact_search | Overtime work in Germany the investment character of unpaid hours |
| title_exact_search_txtP | Overtime work in Germany the investment character of unpaid hours |
| title_full | Overtime work in Germany the investment character of unpaid hours Silke Anger |
| title_fullStr | Overtime work in Germany the investment character of unpaid hours Silke Anger |
| title_full_unstemmed | Overtime work in Germany the investment character of unpaid hours Silke Anger |
| title_short | Overtime work in Germany |
| title_sort | overtime work in germany the investment character of unpaid hours |
| title_sub | the investment character of unpaid hours |
| topic | Mehrarbeit (DE-588)4196982-0 gnd Arbeitsmarkttheorie (DE-588)4122827-3 gnd Arbeitsangebot (DE-588)4112565-4 gnd |
| topic_facet | Mehrarbeit Arbeitsmarkttheorie Arbeitsangebot Deutschland Hochschulschrift |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014789095&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT angersilke overtimeworkingermanytheinvestmentcharacterofunpaidhours |