Download Free Estimates Of Occupational Injury Risk And Compensating Wage Differentials Book in PDF and EPUB Free Download. You can read online Estimates Of Occupational Injury Risk And Compensating Wage Differentials and write the review.

In this major new work, Michael J. Moore and W. Kip Viscusi explore the question, "How are workers compensated for exposing themselves to the risk of physical injury while on the job?" The authors detail the diverse nature of labor market responses to job risks and the important role played by compensation-for-risk mechanisms. Following an overview of the literature, they present a number of unprecedented results. Comprehensive and systematic discussions of issues such as wage-risk tradeoffs, the effects of workers' compensation on wages and risk, the role of unions, and the role of product liability suits in job-related injuries make the volume an essential work for all those interested in risk policy and workplace safety. Among the major results presented for the first time are the first estimates of the value of life derived from recently released occupational fatality risk data from the National Traumatic Occupational Fatality Survey. From these same data the authors also demonstrate that higher workers' compensation benefit levels significantly reduce fatalities on the job--a finding that challenges virtually every other treatment of this topic. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
This dissertation examines how occupational injuries vary with the business cycle, the relationship between healthcare staffing levels and patient outcomes, and whether workers are compensated for changes in occupational risk. In the first chapter I examine how fatal and non-fatal occupational injury rates vary over the business cycle. Past research on the relationship between workplace safety and the business cycle has found only non-fatal accidents to be pro-cyclical. The failure of previous research to convincingly identify a pro-cyclical fatality relationship has led researchers to focus on a claims reporting moral hazard explanation of the pro-cyclicality of non-fatal injuries. Using state and firm level workplace safety data and local area unemployment rates, I find that workplace safety is pro-cyclical in both fatal and non-fatal injury rates, contrary to previous research. The occupational fatality rate elasticity ( -0.15) is larger in magnitude than its non-fatality counterpart ( -0.10). The next chapter explores how a change in nurse staffing levels for intensive care patients improved patient outcomes in Arizona. Using data from the Healthcare Cost and Utilization Project's (HCUP) State Inpatient Databases (SID) for Arizona, I evaluate the impact of Arizona's October 1, 2002 mandate that no more than three intensive care patients be assigned to one nurse on nurse-sensitive patient health outcomes: mortality, length of stay, pressure ulcers, hospital-acquired pneumonia, urinary tract infections, and sepsis. I contribute to the literature regarding nurse staffing levels' impact on patient outcomes in the following ways: 1) the exploitation of the exogenous variation imposed by Arizona's regulation provides credible causal estimates of the impact of increased (marginal) nurse staffing levels on patient outcomes--mitigating the potential impact of omitted variables bias inherent in cross-sectional analysis, 2) it provides a sample size large enough to observe changes in low probability events such as hospital mortality, and 3) this is the first analysis of Arizona's intensive care services regulation. A difference-in-differences empirical analysis between intensive and non-intensive care patients finds no evidence that intensive care patient outcomes improved after the regulation was imposed. In the final chapter I examine the compensating wage differential for occupational risk in the mining industry. I create a balanced panel of county-year mining labor market observations (including occupational injury rates) from Quarterly Census of Employment and Wages (QCEW) and Mine Safety and Health Administration (MSHA) administrative data. The MSHA's mandate to inspect mining operations at least twice a year provides an objective measure of occupational risk through citations and their associated monetary penalties. I estimate the reduced form impact of changing occupational risk on hourly real wages. Employing fixed effect models to mitigate the impact of omitted variables bias, I find that increases in once-lagged citations increase current wages, providing evidence of compensating wages in the mining industry for increases in occupational risk. I estimate a $106,528 compensating wage differential for a non-fatal occupational injury using instrumental variable analysis.
We estimate the effects of the implementation of a compulsory work injury insurance in Sweden in 1978 on compensating wage differentials. This involves two steps. First, we investigate if there are compensating wage differentials on the Swedish labor market and second, we assess if these were altered by the reform. We use panel data for the period 1970 to 1990 with annual information for a sample of blue collar workers. The econometric model departs from the worker's job mobility decision. Endogeneity, selection and measurement errors of risk exposure are considered in the estimation. The estimates show significant compensating wage differentials for work-related diseases in the female sub-sample. No significant effect of the reform was found. -- Work injury insurance ; Panel data