risk of fatal hazards is fraught with problems. The theoretical basis for such estimates are flawed in a number of …

This paper provides an analysis and summary of the effects of the Workers' Compensation (WC) system on wages and work …

understanding the effects of these types of arrangements on employment and earnings risk for workers and the potential for existing … social insurance programs to address this risk. We study employment and earnings risk in the context of workplace injuries … employment and earnings risk posed by workplace injuries, comparing labor market outcomes after injury between temporary and …

This paper studies empirically the links between international trade and labor income risk faced by workers in the … United States. We use longitudinal data on workers to estimate time-varying individual income risk at the industry level. We … then combine our estimates of persistent labor income risk with measures of exposure to international trade to analyze the …

evaluation model. Our findings suggest that executive compensation contracts incorporate the benefits of risk-sharing but do not …

of consumption insurance against shocks to male and female wages, as estimated empirically by Blundell, Pistaferri and …-household income insurance mechanism strongly biases upward the welfare losses from idiosyncratic wage risk as well as the desired …

results therefore suggest innovation is associated with a substantial increase in the labor income risk, especially for …

This paper presents a market equilibrium model of CEO assignment, pay and incentives under risk aversion and … distorted by the agency problem as firms involving higher risk or disutility choose less talented CEOs. Such firms also pay … higher salaries in the cross-section, but economy-wide increases in risk or the disutility of being a CEO (e.g. due to …

We discuss recent developments in the literature that studies how the dynamics of earnings and wages affect consumption … a discussion of the literature that endogenize people's earnings and therefore change the nature of risk faced by …