A model of worker investment in safety and its effects on accidents and wages

"In this paper, we develop a theoretical model of worker investment in safety. Standard theory assumes that injury risk is exogenous. It predicts that riskier jobs are associated with higher wages. In contrast, in our model, workers make individual safety investments that reduce the risk of inj...

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Bibliographic Details
Main Authors: Guardado, José R., Ziebarth, Nicolas R.
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Bonn 2013
IZA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19126983124919441659-a-model-of-worker-investment-i.htm

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