TITLE

WORKERS' COMPENSATION, JOB HAZARDS, AND WAGES

AUTHOR(S)
Dorsey, Stuart; Walzer, Norman
PUB. DATE
July 1983
SOURCE
ILR Review;Jul83, Vol. 36 Issue 4, p642
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Competitive theory implies that compensating wage differentials will be paid to workers in hazardous employment, but only to the extent that employees are liable for risk. This prediction suggests that previous estimates of wage-risk premiums may be biased as a result of the failure to control for variations in workers' compensation benefits across states. The authors of this paper test an empirical model of compensating wage differentials that includes a measure of employer liability. For nonunion workers, they find that significant wage premiums are paid for an increased probability or severity of nonfatal injury; a slight downward bias in these estimates results from omitting the liability variable; and increases in employers' costs of workers' compensation are offset dollar-for-dollar by reduced wages. For union workers, however, the evidence on compensating differentials is mixed, and there is no suggestion of a trade-off between wages and the costs of workers' compensation.
ACCESSION #
4464306

 

Related Articles

  • Die Arbeitsunfallversicherung der USA (Workmen's Compensation). Wolffgramm, E. // Zeitschrift für Sozialreform;mar1973, Vol. 19 Issue 3, p148 

    The article focuses on workmen's compensation in the United States, highlighting the development of the law and making comparisons with its West German equivalent. Issues such as contributory negligence, assumption of risk, and employers' liability are discussed. The model of Great Britain's...

  • Die Arbeitsunfallversicherung der USA (Workmen's Compensation). Wolffgramm, E. // Zeitschrift für Sozialreform;apr1973, Vol. 19 Issue 4, p207 

    The article presents the second part of a report on workmen's compensation in the United States, highlighting the development of the law and making comparisons with its West German equivalent. Issues such as contributory negligence, assumption of risk, and employers' liability are discussed. The...

  • Workers' Compensation in California: Recent Performance and Outlook. Kahley, William J.; Woodward, Edward C. // Benefits Quarterly;1997 Fourth Quarter, Vol. 13 Issue 4, p34 

    Worker's compensation insurance in California is the nation's largest system for treating injured workers. The authors discuss system reforms that have taken place, illustrating improvements in system performance and cost savings. Finally, they discuss issues of the California workers'...

  • Employers' liability insurance - how secure is the system? PARSONS, CHRIS // Industrial Law Journal;Jun1999, Vol. 28 Issue 2, p109 

    Private employers' liability insurance is compulsory for virtually all employers. It plays an increasingly important part in funding compensation for those who are injured at work, with total payments now exceeding those made under the state Industrial Injuries Scheme. A full review of the law...

  • Sobering thoughts on denying comp benefits.  // Business Insurance;8/29/2005, Vol. 39 Issue 35, p8 

    Expresses an opinion on the compensation benefits that are being denied to workers who are injured in the workplace while under the influence of alcohol or drugs. Debates over the decision of U.S. states to deny workers compensation benefits in cases involving drugs and alcohol; Requirements...

  • Make Your Workers' Compensation Billing Smooth with These Tips.  // Internal Medicine Coding Alert;Jan2012, Vol. 15 Issue 1, pp3 

    The article offers tips on how to avoid trouble during workers' compensation (WC) billing. It is stated that when a patient calls to schedule his first appointment for an injury that could have been on the job, the employer should first ask whether the injury is work-related. It is mentioned...

  • Teaming AD&D With WC Adds Weight To Coverage. Clarke, Ron // National Underwriter / P&C;4/19/2004 Supplement, Vol. 108, p21 

    Discusses the trend towards incorporating accidental death and dismemberment (AD&D)into the workers' compensation package in the U.S. in 2004. Financial costs associated with occupational injury and illness; Industries where injury and illness claims are high; Features of an AD&D coverage;...

  • RISKY BUSINESS. Yohn, Fritz // National Underwriter / P&C;5/3/2004, Vol. 108 Issue 17, p12 

    Examines the workers' compensation market in the United States. Rate of occupational accidents; Pace of business activity in a given industry; Expansion of construction activity.

  • Jake, Jill, Broken Bones, and the Course of Employment. Hillman, Bruce // Claims;Mar2005, Vol. 53 Issue 3, p29 

    Deals with the application of the workers' compensation and employer's liability policy of the National Council on Compensation Insurance in accidents suffered by employees in the U.S. Difference of workers' compensation with other insurance contracts or agreements; Importance of the workers'...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics