COMPENSATING WAGE DIFFERENTIALS FOR FATAL INJURY RISK IN AUSTRALIA, JAPAN, AND THE UNITED-STATES

被引：59
作者：
KNIESNER, TJ [1 ]
LEETH, JD [1 ]
机构：
[1] BENTLEY COLL,WALTHAM,MA 02254
来源：
JOURNAL OF RISK AND UNCERTAINTY | 1991年 / 4卷 / 01期
关键词：
HEDONIC EQUILIBRIUM; COMPENSATING WAGE DIFFERENTIALS; WORKERS COMPENSATION INSURANCE;
D O I：
10.1007/BF00057887
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Our research infers the effects of institutionalized wage setting and lengthy worker-firm attachment by comparing estimated compensating wage differentials for fatal injury risk in Japanese, Australian, and U.S. manufacturing. Hedonic labor market equilibrium regressions for Japan reveal a statistically fragile compensating wage differential of 0% to 1.4% for exposure to the average fatality risk compared to employment in a perfectly safe workplace. Australian workers receive a statistically robust 2.5% estimated wage premium. Using new data on work-related fatalities, we find a 1% compensating wage differential in U.S. manufacturing that becomes more positive and statistically less significant as data are aggregated. © 1991 Kluwer Academic Publishers.
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页码：75 / 90
页数：16
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