Unions and Risk: Their Impact on the Level of Compensation for Fatal Risk

Robert Sandy · Robert F. Elliott

97 citations0/0 files storedEconomica

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Labor market dynamics and wage inequality Labor Movements and Unions Economic and Environmental Valuation

Abstract

This paper distinguishes between the premia for fatal risk in jobs covered by union-negotiated terms and conditions and the premia in uncovered jobs. It employs a model which allows for the endogeneity of both covered status and fatal job risk. Values of a life in both the covered and uncovered sectors are computed. Copyright 1996 by The London School of Economics and Political Science.

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1986Chapter 12 The theory of equalizing differences 1978Unionism and Wage Rates: A Simultaneous Equations Model with Qualitative and Limited Dependent Variables 1991Does Marriage Really Make Men More Productive?1979Compensating Wage Differentials and Public Policy: A Review 1965Unionism and Relative Wages in the United States.1987Employer Size: The Implications for Search, Training, Capital Investment, Starting Wages, and Wage Growth 1992Compensating Wage Differentials and Unobserved Productivity 1988Compensating Wage Differentials and the Endogeneity of Job Riskiness

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