Salários e Risco de Acidentes de Trabalho: Evidências de Diferenciais Compensatórios para a Indústria Manufatureira
The aim of this paper is to provide empirical evidences of compensating wage differentials for Brazilian manufacturing firms. This theory states that higher injury risk firms would pay higher wages in order to attract workers – it implies a tradeoff between wages and job amenities. The empirical evidences of this paper are similar to stylized facts of the literature: omitted variables bias provides underestimated values for the injury risks coefficient, but after controlling the unobserved heterogeneity of workers the coefficient becomes positive and significant. In addition, this paper provides estimations from alternative models like instrumental variables and firms fixed effects.
|Date of creation:||2007|
|Date of revision:|
|Note:||Creation Date corresponds to the year in which the paper was published on the Department of Economics website. The paper may have been written a small number of months before its publication date.|
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- Arnould, Richard J & Nichols, Len M, 1983. "Wage-Risk Premiums and Workers' Compensation: A Refinement of Estimates of Compensating Wage Differential," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 332-40, April.
- Viscusi, W Kip, 1978. "Wealth Effects and Earnings Premiums for Job Hazards," The Review of Economics and Statistics, MIT Press, vol. 60(3), pages 408-16, August.
- Hwang, Hae-shin & Reed, W Robert & Hubbard, Carlton, 1992. "Compensating Wage Differentials and Unobserved Productivity," Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 835-58, August.
- Garen, John, 1988. "Compensating Wage Differentials and the Endogeneity of Job Riskiness," The Review of Economics and Statistics, MIT Press, vol. 70(1), pages 9-16, February.
- Charles Brown, 1980. "Equalizing Differences in the Labor Market," The Quarterly Journal of Economics, Oxford University Press, vol. 94(1), pages 113-134.
- Duncan, Greg J & Holmlund, Bertil, 1983.
"Was Adam Smith Right after All? Another Test of the Theory of Compensating Wage Differentials,"
Journal of Labor Economics,
University of Chicago Press, vol. 1(4), pages 366-79, October.
- Duncan, Greg J. & Holmlund, Bertil, 1983. "Was Adam Smith Right, After All? Another Test of the Theory of Compensating Wage Differentials," Working Paper Series 93, Research Institute of Industrial Economics.
- Ronald G. Ehrenberg, 1985. "Workers' Compensation, Wages, and the Risk of Injury," NBER Working Papers 1538, National Bureau of Economic Research, Inc.
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