Wage compensation for dangerous work revisited
AbstractUsing data from the 1982 Panel Study of Income Dynamics (PSID), the authors investigate the relationship between wages and the risk of work-related death or nonfatal injury. Including industry-level variables and using alternative risk measures dramatically affects measured wage compensation. The results cast doubt on the existence of compensating differentials for risk. Indeed, the strongest finding is the likely presence of negative compensation-relatively high risk and low wages-for nonunion workers. The role of rent-sharing or other forms of strategic bargaining behavior (captured by value-added per worker and other industry variables) and the gender distribution of both risk and wages demonstrate that noncompetitive elements in U.S. labor markets are sufficiently strong to overcome the competitive tendency toward equalizing differentials. (Abstract courtesy JSTOR.)
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by ILR Review, Cornell University, ILR School in its journal ILR Review.
Volume (Year): 52 (1998)
Issue (Month): 1 (October)
Postal: 381 Ives East, Cornell University, Ithaca, NY 14853-3901
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- François Bellavance & Georges Dionne & Martin Lebeau, 2006.
"The Value of a Statistical Life: a Meta-Analysis with a Mixed Effects Regression Model,"
Cahiers de recherche
- Bellavance, Franois & Dionne, Georges & Lebeau, Martin, 2009. "The value of a statistical life: A meta-analysis with a mixed effects regression model," Journal of Health Economics, Elsevier, vol. 28(2), pages 444-464, March.
- Burtraw, Dallas & Bharvirkar, Ranjit & McGuinness, Meghan, 2002. "Uncertainty and the Cost-Effectiveness of Regional NOx Emissions Reductions from Electricity Generation," Discussion Papers dp-02-01-, Resources For the Future.
- Doucouliagos, Chris & Stanley, T.D. & Giles, Margaret, 2012.
"Are estimates of the value of a statistical life exaggerated?,"
Journal of Health Economics,
Elsevier, vol. 31(1), pages 197-206.
- Hristos Doucouliagos & T.D. Stanley & Margaret Giles, 2011. "Are Estimates of the Value of a Statistical Life Exaggerated?," Economics Series 2011_2, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.
- Ose, Solveig Osborg, 2005. "Working conditions, compensation and absenteeism," Journal of Health Economics, Elsevier, vol. 24(1), pages 161-188, January.
- Michaelides, Marios, 2010. "Labour market oligopsonistic competition: The effect of worker immobility on wages," Labour Economics, Elsevier, vol. 17(1), pages 230-239, January.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ILR Review).
If references are entirely missing, you can add them using this form.