Worker Learning and Compensating Differentials

摘要: The authors hypothesize that in industries with relatively high levels of job-related injury risk, workers longer job tenure will more clearly appreciate the degree risk than newly hired workers, and thus be willing to accept lower wages return for higher workers' compensation benefits. This hypothesis is confirmed by an analysis quit behavior using 1981–83 data from Michigan Panel Study Income Dynamics 1981–85 National Institute Occupational Safety Health.