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risk of fatal hazards is fraught with problems. The theoretical basis for such estimates are flawed in a number of …
Persistent link: https://www.econbiz.de/10013225411
burden of injuries into its components, risk of injury and injury duration. In those industries where earnings rose … interindustry wage differentials narrowed, a decline that was associated with an increase in the relative risk of injury in high …
Persistent link: https://www.econbiz.de/10013232150
Wage-hedonics is used to recover the value of a statistical life by exploiting the fact that workers choosing riskier occupations will be compensated with a higher wage. However, Roy (1951) suggests that observed wage distributions will be distorted if individuals select into jobs according to...
Persistent link: https://www.econbiz.de/10012770203
In this paper we test for the existence of compensating differentials for unemployment risk in an era before …
Persistent link: https://www.econbiz.de/10013234925
Despite the adoption of no-fault Workers' Compensation legislation in most states, there is substantial litigation over the issue of employer liability for injury claims. We develop a sequential asymmetric information model of liability disputes and estimate the model using data on injury claims...
Persistent link: https://www.econbiz.de/10012761791
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 …
Persistent link: https://www.econbiz.de/10012867900
Meta-regression estimates of the value of a statistical life (VSL) controlling for publication selection bias yield bias-corrected estimates of VSL that are higher for labor market studies using the more recent Census of Fatal Occupational Injuries (CFOI) data. These results are borne out by the...
Persistent link: https://www.econbiz.de/10013054036
We study the relationship between the political connections of Chinese firms and workplace fatalities. In our preferred specification we find that the worker death rate for connected companies is two to three times that of unconnected firms (depending on the sample employed), a pattern that...
Persistent link: https://www.econbiz.de/10013021025
This study compares the impact of OSHA inspections on manufacturing industries using data from three time periods: 1979-85, 1987-91, and 1992-98. We find substantial declines in the impact of OSHA inspections since 1979-85. In the earliest period we estimate that having an OSHA inspection that...
Persistent link: https://www.econbiz.de/10013225383
This paper provides an analysis and summary of the effects of the Workers' Compensation (WC) system on wages and work injury experience. It stresses how lessons learned from other forms of social insurance can be applied to research on WC. I begin with a brief overview of the characteristics of...
Persistent link: https://www.econbiz.de/10013239989