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Using a new series of data on occupational fatalities compiled by the National Institute for Occupational Safety and Health, the authors reassess value-of-life calculations based on labor market tradeoffs between fatality risks and wages. The new data are less subject to the problems of...
Persistent link: https://www.econbiz.de/10008644147
The authors hypothesize that in industries with relatively high levels of job-related injury risk, workers with longer job tenure will more clearly appreciate the degree of job risk than will newly hired workers, and will thus be more willing to accept lower wages in return for higher workers'...
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This article explores the effects of workers' compensation on fatality rates and wages using the 1982 Panel Study of Income Dynamics and the new occupational fatality data issued by the National Institute for Occupational Safety and Health. The fatality rate depends upon the workers'...
Persistent link: https://www.econbiz.de/10005353884
The authors hypothesize that in industries with relatively high levels of job-related injury risk, workers with longer job tenure will more clearly appreciate the degree of job risk than will newly hired workers, and will thus be more willing to accept lower wages in return for higher workers'...
Persistent link: https://www.econbiz.de/10005521564
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