Long-term Illness and Wages: The Impact of the Risk of Occupationally Related Long-term Illness on Earnings

R. Sandy, Robert Francis Elliott

Research output: Contribution to journalArticle

12 Citations (Scopus)

Abstract

Long-term illness (LTI) is a more prevalent workplace risk than fatal accidents but there is virtually no evidence,for compensating differentials for a broad measure of LTI. In 1990 almost 3.4 percent of the U.K. adult population suffieredfrom a LTI caused solely, by their working conditions. This paper provides the first estimates of compensating differentials for a broad measure of work-related LTI. Using data on self-reported illnesses we find Significant CDs for male manual workers but nonefbr male nonmanual workers. These results are robust to the addition of variablesfor the risk of accidental at-work deaths.

Original languageEnglish
Pages (from-to)744-768
Number of pages24
JournalJournal of Human Resources
Volume40
Issue number3
Publication statusPublished - Jun 2005

Keywords

  • COMPENSATING DIFFERENTIALS
  • WEAK INSTRUMENTS
  • VARIABLES
  • INDUSTRY
  • HAZARDS
  • WORKERS
  • MARKET
  • LIFE

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