Health Professions
8 years ago

Study reveals workers in dangerous jobs not adequately compensated for risks

Journal of Political Economy
Wage-Risk Premiums and Workers' Compensation: A Refinement of Estimates of Compensating Wage Differential
Richard J. Arnould, Len M. Nichols

Paper Summary

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The article explores how much workers are compensated for taking on risky jobs through higher wages. The researchers refined estimates of this compensation by analyzing workers' compensation data. They found that workers in dangerous jobs receive higher wages to offset the risks they face. This study sheds light on how wages are influenced by the level of risk in different occupations.