WORKER INVESTMENTS IN SAFETY, WORKPLACE ACCIDENTS, AND COMPENSATING WAGE DIFFERENTIALS

The theory of compensating wage differentials (CWDs) assumes that firms supply and workers demand workplace safety, predicting a positive relationship between accident risk and wages. This article allows for safety provision by workers, which predicts a countervailing negative relationship between i...

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Bibliographic details
Volume: 60
Main Author: Guardado, José R
Ziebarth, Nicolas R
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: HOBOKEN WILEY 01.02.2019
Wiley Subscription Services, Inc
published in: International economic review (Philadelphia) Vol. 60; no. 1; pp. 133 - 155
ORCID: 0000-0003-3562-2371
Data of publication: February 2019
ISSN: 0020-6598
1468-2354
EISSN: 1468-2354
Discipline: Economics
Bibliography: This article is the condensed version of José R. Guardado's Ph.D. thesis. We send a strong thank you to Bob Kaestner for his supervision of the thesis, his encouragement, and his many comments and suggestions. We also thank John Cawley, Barry Chiswick, Michael Grossman, Matt Harris, Glenn Harrison, Lorens Helmchen, Kurt Lavetti, Evelyn Lehrer, Magnus Lofstrom, Rick Mansfield, Jeff Smith, Rodrigo Soares, Erdal Tekin, Nathan Tefft, and seminar participants at the University of Illinois at Chicago, the 2013 IZA Annual Meeting on the Economics of Risky Behavior (AMERB), and the 2014 SOLE meetings for their helpful suggestions. In particular, we thank Corrado Giulietti for an excellent discussion of the article and Davide Dragone for extremely helpful comments. We also would like to thank Lauren Jones for outstanding research assistance. The views in this article are those of the authors and should not be construed to represent the views of the American Medical Association or Cornell University. All errors are our own. This research is not the result of a for‐pay consulting relationship. Our employers do not have a financial interest in our topic that might constitute a conflict of interest. Our funding sources had no impact on the study design, collection, analysis, and interpretation of the data, in the writing of the article, or in the decision to submit the article for publication.
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Database: Social Sciences Citation Index
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