Showing 1 - 10 of 16
During the last decade, the distribution of workers compensation claims has exhibited a marked shift towards soft tissue injuries such as sprains, stains, and low back claims. There are three possible explanations for this trend: (1) safety incentives induced by workers compensation or OSHA may...
Persistent link: https://www.econbiz.de/10005709734
This article utilizes evidence from job choices involving fatality risks to estimte individual discount rates for adverse health outcomes. The study compares the results from five distinct models for estimating discount rates from labor market data. The estimated discount rates range from 1...
Persistent link: https://www.econbiz.de/10005709695
All production activities generate health risks to workers. This article employs input-output analysis in conjunction with job-risk data by industry to construct measures of the direct and indirect risks imposed by expenditures. Both fatalities and nonfatal injuries (which include illnesses) are...
Persistent link: https://www.econbiz.de/10005709715
Persistent link: https://www.econbiz.de/10005809622
Different risks of death are not equivalent because of differences in timing. This paper develops measures of mortality risks that recognize the probability of death, the duration of life lost, and the role of discounting. These adjustments lead to a substantial reordering of the major causes of...
Persistent link: https://www.econbiz.de/10005809633
Constraints on the use of benefit-cost tests have generated increased interest in risk-risk analysis as a regulatory test. The effect on individual mortality of the income losses arising from regulatory expenditures can be determined from direct empirical estimates, which this article surveys....
Persistent link: https://www.econbiz.de/10005809658
A substantial literature over the past thirty years has evaluated tradeoffs between money and fatality risks. These values in turn serve as estimates of the value of a statistical life. This article reviews more than 60 studies of mortality risk premiums from ten countries and approximately 40...
Persistent link: https://www.econbiz.de/10005809661
The level of asbestos risk varies widely, with insulation workers facing risks many orders of magnitude greater than other groups, such as school children. After a period of regulatory neglect, asbestos risks are now among the most stringently regulated risks, with costs per case of cancer...
Persistent link: https://www.econbiz.de/10005678123
Persistent link: https://www.econbiz.de/10005678144
This article constructs measures of job fatality rates for black and white workers using information on job-related fatalities from 1992-1997. The fatality rates for black employees are somewhat greater than those for whites. Each of these groups receives significant compensating wage...
Persistent link: https://www.econbiz.de/10005678171