Konstantinos, Pouliakas and Ioannis, Theodossiou (2010): The economics of health and safety: An interdisciplinary review of the theory and policy. Forthcoming in: Journal of Economic Surveys (2011)
This is the latest version of this item.
Download (731kB) | Preview
This paper engages in an interdisciplinary survey of the current state of knowledge related to the theory, determinants and consequences of occupational safety and health (OSH). It first describes the fundamental theoretical construct of compensating wage differentials, which is used by economists to understand the optimal provision of OSH in a perfectly competitive labour market. The plethora of incentives faced by workers and firms in job and insurance markets that determine the ultimate level of OSH are discussed in detail. The extensive empirical evidence from the hedonic wage and stated choice approaches used to assess the value of OSH is reviewed. The causes of inefficiency and inequity in the market for OSH, such as externalities, moral hazard in compensation insurance, systematic biases in individual risk perception/well-being and labour market segregation are subsequently examined. The implications of government intervention and regulation for tackling the aforementioned inefficiencies in OSH are then considered. Finally, the survey identifies areas of future research interests and suggests indicators and priorities for policy initiatives that can improve the health and safety of workers in modern job markets.
|Item Type:||MPRA Paper|
|Original Title:||The economics of health and safety: An interdisciplinary review of the theory and policy|
|Keywords:||health, safety, accidents, diseases, absenteeism, compensating wages, regulation|
|Subjects:||K - Law and Economics > K3 - Other Substantive Areas of Law > K32 - Environmental, Health, and Safety Law
J - Labor and Demographic Economics > J8 - Labor Standards: National and International > J81 - Working Conditions
J - Labor and Demographic Economics > J1 - Demographic Economics > J17 - Value of Life ; Forgone Income
J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J28 - Safety ; Job Satisfaction ; Related Public Policy
|Depositing User:||Konstantinos Pouliakas|
|Date Deposited:||07. May 2011 05:41|
|Last Modified:||15. Feb 2013 15:49|
Adamowicz, W.L., Louviere, J.J, and Williams, M. (1994), “Combining stated and revealed preferences methods for valuing environmental amenities”, Journal of Environmental Economics Management, 26(3), 271-96.
Adema, W. and M. Ladaique (2009), “How Expensive is the Welfare State? Gross and Net Indicators in the OECD Social Expenditure Database (SOCX)”, OECD Social, Employment and Migration Working Papers, No. 92, OECD.
Alamgir, H., Cvitkovich, Y., Yu, S. and Yassi, A. (2007), “Work-related injury among direct care occupations in British Columbia, Canada”, Occupational and Environmental Medicine, 64: 769-775.
Aldy, J.E. and Viscusi, W.K. (2007), "Age Differences in the Value of Statistical Life: Revealed Preference Evidence," Review of Environmental Economics and Policy, 1(2), 241-260.
Ali, S.M. and Lindstrom, M. (2008), “Psychosocial work conditions, unemployment and health locus of control: A population-based study”, Scandinavian Journal of Public Health, 36(4): 429-435.
Allen, S. (1984), “Trade unions, absenteeism and exit voice”, Industrial and Labor Relations Review, 37: 331-345.
Allen, S. G. (1981), “An Empirical Model of Work Attendance”, The Review of Economics and Statistics, 63(1): 77-87.
Amuedo-Dorantes C. (2002), “Work Safety in the Context of Temporary Employment: The Spanish Experience”, Industrial and Labor Relations Review, 55(2): 262–272.
Arabsheibani, G. R. and Marin, A. (2000), “Stability of Estimates of the Compensation for Danger”, Journal of Risk and Uncertainty, 20(3): 247-269.
Arai, M. and Skogman Thoursie, P. (2005), “Incentives and selection in cyclical absenteeism”, Labour Economics, 12: 269–280.
Arocena, P. and Nunez, I. (2009), “The effect of occupational safety legislation in preventing accidents at work: traditional versus advanced manufacturing industries”, Environment and Planning C: Government and Policy, 27: 159-174.
Arocena, P., Nunez, I., Villanueva, M. (2008), “The Impact of Prevention Measures and Organisational Factors on Occupational Injuries”, Safety Science, 46(9): 1369-1384.
Aronsson, G., Gustafsson, K. and Dallner, M., (2000), ‘Sick but yet at work: An empirical study of sickness presenteeism’, Journal of Epidemiology & Community Health, 54: 502–509.
Askenazy, P., (2006), “Some determinants of reporting workplace accidents in France: The role of labour contract”, Centre Pour La Recherche Economique Et Ses Applications (CEPREMAP), Paper No 0606.
Askildsen, J.E., Bratberg, E. and Nilsen, Ø.A., (2005), “Unemployment, labour force composition and sickness absence: a panel data study”, Health Economics, 14(11): 1087-110.
Asplund, R., Sloane, P.J., and Theodossiou, I. (1998), Low Pay and Earnings Mobility in Europe, Cheltenham: Edward Elgar Publishing Ltd.
Barham, C. and Begum, N. (2005), “Sickness absence from work in the UK”, Labour Market Trends, Office for National Statistics, April: 149-158.
Barling, J., Iverson, R. D. and Kelloway, E. K., (2003), “High-Quality Work, Job Satisfaction, and Occupational Injuries”, Journal of Applied Psychology, 88(2): 276–283.
Barmby, T. and Stephan, G. (2000), “Worker Absenteeism: Why Firm Size May Matter”, The Manchester School, 68(5): 568-577.
Barmby, T., Ercolani, M. and Tremble, J. (2002), “Sickness Absence: An International Comparison”, Economic Journal, 112: F315-331.
Barmby, T., Orme, C. and Treble, J. (1995). “Worker absence histories: a panel data study”, Labour Economics, 2: 53–65.
Barmby, T., Orme, C., and Treble, J. (1991), “Worker absenteeism: an analysis using microdata”, Economic Journal, 101, 214–229.
Bergendorff, S. et al. (2004), ‘‘Sickness Absence in Europe-A Comparative Study,’’ Social Insurance Studies, No. 2 (Swedish National Insurance Board).
Bergstrom, G., Bodin, L., Hagberg, J., Arronson, G., Josephson, M. (2009), “Sickness Presenteeism Today, Sickness Absenteeism Tomorrow? A Prospective Study on Sickness Presenteeism and Future Sickness Absenteeism”, Journal of Occupational and Environmental Medicine, 51(6): 629-638.
Bernstein, P. (1996), Against the Gods: The Remarkable Story of Risk, New York: John Wiley & Sons.
Biddle, J. E and Zarkin, G. A. (1988), “Source Worker Preference and Market Compensation for Job Risk”, Review of Economics and Statistics, 70(4): 660-667.
Blanch, A. B., Torrelles, B., Aluja, A. and Salinas, A., (2009), “Age and lost working days as a result of an occupational accident: A study in a shiftwork rotation system”, Safety Science, forthcoming.
Bockerman, P. and Illmakunnas, P. (2008), “Interaction of working conditions, job satisfaction, and sickness absences: Evidence from a representative sample of employees, Social Science and Medicine, 67: 520–528.
Bockerman, P. and Laukkanen, E. (2010), “What makes you work while you are sick? Evidence from a survey of workers”, The European Journal of Public Health, 20(1): 43-46
Boockman, B Djurdjevic, D., Horny, G. and Laisney, F. (2009), “Bayesian estimation of Cox models with non nested random effects: an application to the ratification of ILO conventions by developing countries”, Annales d’Economie et de Statistique, forthcoming.
Boone, J. and van Ours (2006), “Are recessions good for workplace safety?”, Journal of Health Economics, 25 (6): 1069-1093.
Bradley, S., Green, C. and Leeves, G. (2007), “Employment Contracts and Effort: Why Do Temporary Workers Take Less Absence?”, Lancaster University Management School working paper 2007/026.
Brickman, P., Coates, D. and Janoff-Bulman, R. (1978), “Lottery winners and accident victims: is happiness relative?”, Journal of Personality and Social Psychology, 36(8), 917–27.
Brooker, A.S., Frank, J. W. and Tarasuk, V.S. (1995), “Back pain claim rates and the business cycle: in contrast to acute claim rates”, Social Science and Medicine, 45(3): 429-439.
Brown, S. and Sessions, J. (1996), “The economics of absence: theory and evidence”, Journal of Economic Surveys, 10: 23–53.
Brown, S., Fakhfakh, F. and Sessions, J.G. (1999), “Absenteeism and Employee Sharing: An Empirical Analysis Based on French Panel Data, 1981- 1991”, Industrial and Labor Relations Review, 52(2): 234-251.
Butler, R. J. and J. D. Worrall (1991), “Claims reporting and risk bearing moral hazard in workers’ compensation”. The Journal of Risk and Insurance, 58(2): 191–204.
Butler, R.J. (1983), “Wage and injury rate response to shifting levels of workers’ compensation”. In: J. D. Worrall (ed.): Safety and the Work Force: Incentives and Disincentives in Worker’s Compensation. Ithaca, NY: ILR Press.
Butt, Z., Haberman, S., Verall, R. and Wass, V. (2008), “Calculating compensation for loss of future earnings: estimating and using work life expectancy”, Journal of the Royal Statistical Society: Series A Statistics in Society, 171(4): 763-805.
Cady, L.D., Bischoff, D.P. and O’Connell, E.R. (1979), “Strength and fitness and subsequent back injuries in fire fighters”, Journal of Occupational Medicine, 21(4): 269-272.
Cassitto M.G., Fattorini E, Gilioli R., and Rengo C. (2003), “Raising awareness of Psychological Harassment at Work”, Protecting Worker’s Health Series, No. 4, Italy: World Health Organization.
CDC (Centre for Disease Control and Prevention) (2007), “Indicators for Occupational Health Surveillance”, Morbidity and Mortality Weekly Report (MMWR), 56(RR-1): 1-8.
Chatterji, M. and Tilley, C.J. (2002), "Sickness, absenteeism, presenteeism and sick pay", Oxford Economic Papers, 54(4): 669-87.
Chau, N.H. and Kanbur, R. (2001), “The Adoption of International Labor Standards Conventions: Who, What and Why?, Brookings Trade Forum, 113-156.
Cifuentes, M., Boyer, J., Gore, R., et al. (2008), “Job strain predicts survey response in healthcare industry workers”, American Journal of Industrial Medicine, 51(4): 281-289.
Clegg, C.W. (1983), Psychology of Employee Lateness, Absence and Turnover: Methodology, a Critique and an Empirical Study, Journal of Applied Psychology, 68: 88-101.
Cohen, A. and Colligan, M.J. (1998), “Assessing Occupational Safety and Health Training: A Literature Review”, DHHS (NIOSH) Publication No. 98-145, Cincinnati, Ohio.
Coles, M., Lanfranchi, J., Skalli, A., and Treble, J., (2007), “Pay, technology and the cost of worker absence”, Economic Inquiry, 45: 268–285.
Collins, J.J., Swaen, G.M.H., Marsh, G.M., Utidjian, H.M.D., Caporossi, J.C. and Lucas, L.J. (1989), “Mortality patterns among workers exposed to acrylamide”, Journal of Occupational Medicine, 31(7): 614-617.
Cooper, C.L., Watts, J. and Kelly, M. (1987), “Job satisfaction, mental health, and job stressors among general dental practitioners in the UK”, British Dental Journal, 162(2): 77-81.
Cox, T. (1978), Stress, McMillan Press: London.
Crichton, S., Stillman, S, and Hyslop, D. (2005), “Returning to Work from Injury: Longitudinal Evidence on Employment and Earnings”, LEED Research Report, Statistics New Zealand, Wellington (July).
CSTE (Council of State and Territorial Epidemiologists) (2005), Putting data to work: occupational health indicators from thirteen pilot states for 2000. Atlanta, GA: Available at http://www.cste.org/pdffiles/newpdffiles/CSTE_OHI.pdf.
Dahlgren, A., Kecklund, G. and Akerstedt, T. (2006), “Overtime work and its effects on sleep, sleepiness, cortisol and blood pressure in an experimental field study”, Scandinavian Journal of Work, Environment and Health, 32(4): 318-327.
Deleire, T. and Levy, H. (2004) ‘Worker Sorting and the Risk of Death on the Job’, Journal of Labor Economics, 22(4): 210-217.
Dembe A.E. (2001), “The Social Consequences of Occupational Injuries and Illnesses”, American Journal of Industrial Medicine”, 40: 403-417.
Dembe, A.E., Erickson, J.B. and Delbos, R., (2004), “Predictors of Work-Related Injuries and Illnesses: National Survey Findings”, Journal of Occupational and Environmental Hygiene, 1(8): 542–550.
Denscobe, M. (1993), “Personal health and the social psychology of risk taking”, Health Education Research, 8(4): 505-517.
Dew, K., Keefe, V. and Small, K. (2005), “Choosing to work when sick: workplace presenteeism”, Social Science and Medicine, 60, 2273-2282.
Diamond P.A. and Hausman, J.A. (1994), “Contingent Valuation: Is Some Number Better than No Number?”, Journal of Economic Perspectives, 8(4): 45-64.
Dione, J. and Dostie, B. (2007), “New Evidence on the Determinants of Absenteeism Using Linked Employer-Employee Data”, Industrial and Labor Relations Review, 61(1): 108-120.
Dolan, P. and Kahneman, D. (2008), “Interpretations of utility and their implications for the valuation of health”, The Economic Journal, 118: 215-234
Drago, R. and Wooden, M (1992), “The determinants of labor absence: Economic factors and workgroup norms across countries”, Industrial and Labor Relations Review, 45: 764-778.
Easterlin, R.A. (2004), The Reluctant Economist: Perspectives on Economics, Economic History and Demography, Cambridge, UK: Cambridge University Press.
Elliott, R. F. and Sandy, R., (1998), “Adam Smith may have been right after all: A new approach to the analysis of compensating differentials”, Economics Letters, 59: 127–131.
Engellandt, A. and Riphahn, R.T. (2009) “Incentive effects of bonus payments: evidence from an international company” Industrial and Labor Relations Review, forthcoming.
Engstrom, P. and Holmlund, B. (2007), “Worker absenteeism in search equilibrium”, Scandinavian Journal of Economics, 109(3): 439-467.
EPICURUS (2007), Societal and Economic Effects on Quality of Life and Well-being: Preference Identification and Priority Setting in Response to Changes in Labour Market Status, EU Research on Social Sciences and Humanities, Report No. EUR 23133, Belgium: European Communities.
Ercolani, M. (2006), “UK Employees’ Sickness Absence: 1984-2005”, HEALTHatWORK project working paper.
Eurogip (2004), Costs and funding of occupational diseases in Europe, August (08/E).
European Agency for Safety and Health at Work (EASHW) (2000), The State of Occupational Safety and Health in the European Union – A Pilot study, Luxembourg: Office for Official Publications of the European Communities.
European Agency for Safety and Health at Work (EASHW) (2005), Priorities for Occupational Safety and Health Research in the EU-25, Luxembourg: Office for Official Publications of the European Communities.
European Commission (2001), ‘Employment and social policies: A framework for investing in quality’, Communication from the Commission to the Council, the European Parliament, the Economic and Social Committee and the Committee of the Regions, COM (2001) 313 final, 20.06.2001.
European Commission (2004), “Labour market transitions and advancement: temporary employment and low-pay in Europe”, Employment in Europe, Recent Trends and Prospects, Chapter 4, Luxembourg, pp. 159-186.
European Commission (2009), Causes and circumstances of accidents at work in the EU, Luxembourg: Office for Official Publications of the European Communities.
European Foundation for the Improvement of Living and Working Conditions (EUROFOUND) (1997), Preventing Absenteeism at the Workplace: Research Summary, Office for Official Publications of the European Communities: Luxembourg.
European Foundation for the Improvement of Living and Working Conditions (EUROFOUND) (2007), Quality of Work and Employment in Europe, Dublin: Office for Official Publications of the European Communities.
Faragher, E.B., Cass, M. and Cooper, C.L. (2005), “The relationship between job satisfaction and health: A meta-analysis”, Occupational and Environment Medicine, 62: 105-112.
Fenn, P. and Ashby, S. (2004), “Workplace Risk, Establishment Size and Union Density”, British Journal of Industrial Relations, 43(3): 461-480.
Finn, P., (1981), “The effects of shift work on the lives of employees”. Monthly Labor Review, 104: 31–35.
Fischer, J.A.V. and Sousa-Poza, A. (2009), “Does Job Satisfaction Improve the Health of Workers? New Evidence using Panel Data and Objective Measures of Health”, Health Economics, 18: 71–89.
Foppa, I. and Noack, R.H. (1996), “The relation of self reported back pain to psychosocial, behavioural and health related factors in a working population in Switzerland”, Social Science and Medicine, 43(7): 1119-1126.
Frederick S. and Loewenstein, G. (1999). Hedonic Adaptation. In: D. Kahneman, E. Diener, and N. Sshwarz (eds.), Well Being: Theoretical Foundations of Hedonic Psychology, Russel Sage Foundation, New York.
Freeman, R.B. (1978), “Job Satisfaction as an Economic Variable”, The American Economic Review, 68(2): 135-141.
Frey, B. and Stutzer, A. (2002), “What can Economists learn from Happiness Research?”, Journal of Economic Literature, 40(2): 402-435.
Frick, B. And Malo, M.A. (2008), “Labor Market Institutions and Individual Absenteeism in the European Union: The Relative Importance of Sickness Benefit Systems and Employment Protection Legislation”, Industrial Relations, 47(4): 505-529.
Garcia-Serrano, C., Hernanz, V. and Toharia, L. (2008), “Mind the gap, please! The effect of temporary help agencies on the consequences of work accidents”, Institute for Social and Economic Research, No. 2008-28, September.
Garen, J. (1988). “Compensating wage differentials and the endogeneity of job riskiness” The Review of Economics and Statistics, 70: 9-16.
Gauchard, G. C., Mur, J. M., Touron, C., Benamghar, L., Dehaene, D., Perrin, P. and Chau, N., (2006), “Determinants of accident proneness: a case–control study in railway workers”, Occupational Medicine, 56: 187–190.
Gerking S, De Haan M, Schulze W. (1988), “The marginal value of job safety: a contingent valuation study”, Journal of Risk and Uncertainty, 2: 185–199.
Ghosh, A. K., Bhattacherjee, A. and Chau, N., (2004), “Relationships of Working Conditions and Individual Characteristics to Occupational Injuries: A Case-Control Study in Coal Miners”, Journal of Occupational Health, 46: 470-480.
Gibbons, D. and Newton, T. (1998), Stress Solutions for the Overstretched, 1st ed, London. BMJ Books.
Gilbert, D. (2006). Stumbling on Happiness, London: Harper Press.
Gilovich, T., Griffin, D. and Kahneman, D. (2002), Heuristics and Biases: The Psychology of Intuitive Judgment, Cambridge: Cambridge University Press.
Goetzel, R.Z., Long, S.R., Ozminkowski, R.J., et al. (2004), “Health, Absence, Disability, and Presenteeism Cost Estimates of Certain Physical and Mental Health Conditions Affecting U.S. Employers”, Journal of Occupational and Environmental Medicine, 46(4): 398-412.
Grasso, P., Sharratt, M., Davies, D.M. and Irvine, D. (1984), “Neurophysiological and psychological disorders and occupational exposure to organic solvents”, Food and Chemical Toxicology, 22(10): 819-852.
Grazier, S. and Sloane, P.J. (2008), “Accident risk, gender, family status and occupational choice in the UK”, Labour Economics, 15(5): 938-957.
Green, F. and Tsitsianis N. (2005), “An Investigation of National Trends in Job Satisfaction in Britain and Germany”, British Journal of Industrial Relations, 43(3), 401-429.
Green, P.E. and Srinivasan, V. (1978), “Conjoint Analysis in Consumer Research: Issues and Outlook”, Journal of Consumer Research: An Interdisciplinary Quarterly, 5: 103-23.
Guadalupe, M. (2003), “The hidden costs of fixed term contracts: the impact on work accidents”, Labour Economics, 10(3): 339-357.
Gyekye, A. S. and Salminen, S., (2006), “Making Sense of Industrial Accidents: The Role of Job Satisfaction”, Journal of Social Sciences, 2(4): 127-134.
Hanke, W. and Jurewicz, J. (2004), “The risk of adverse reproductive and developmental disorders due to occupational pesticide exposure: An overview of current epidemiological evidence”, International Journal of Occupational Medicine and Environmental Health, 17(2): 223-243.
Hanley, N., Mourato, S. and Wright, R. (2001), “Choice Modelling Approaches: A superior alternative for environmental valuation?”, Journal of Economic Surveys, 15, 433-460.
Hanley, Nick, (1989), Valuing Non-market Goods Using Contingent Valuation, Journal of Economic Surveys, 3(3): 235-52.
Hassink, W. and Koning, P. (2009), “Do Financial Bonuses to Employees Reduce their Absenteeism: Outcome of a Lottery”, Industrial and Labor Relations Review, 62(3), article 4.
HEALTHatWORK project (2010), An inquiry into health and safety at work: A European Union perspective - European Commission, 7th Framework Programme "THEME [HEALTH-2007-4.2-3] Grant agreement no: 200716, www.abdn.ac.uk/haw
Henderson, J. (1983), “What Should be Done about Occupational Accidents and Diseases?”, International Journal of Epidemiology, 12(1): 77-83.
Henrekson, M., and M. Persson, (2004), “The Effects on Sick Leave of Changes in the Sickness Insurance System,’’ Journal of Labor Economics, 22 (June): 87–114.
Hernanz and Toharia (2006), “Do Temporary Contracts Increase Work Accidents? A Microeconometric Comparison between Italy and Spain”, LABOUR, 20(3): 475-504.
Herzog, H.W. and Schlottmann, A.M. (1990), "Valuing Risk in the Workplace: Market Price, Willingness to Pay, and the Optimal Provision of Safety", The Review of Economics and Statistics, 72(3): 463-470.
Heywood, J.S. and Jirjahn, U. (2004), “Teams, Teamwork and Absence”, Scandinavian Journal of Economics, 106(4): 765-782.
Heywood, J.S., Jirjahn, U. and Wei, X. (2008), “Teamwork, monitoring and absence”, Journal of Economic Behavior and Organization, 68: 676-690.
Hintermann, B., Alberini, A. and Markandya, A., (2008), “Estimating the Value of Safety with Labor Market Data: Are the Results Trustworthy?”, Applied Economics, iFirst.
HSE (Health and Safety Executive) (2004), Review of the occupational health and safety of Britain’s ethnic minorities, Research Report 221, Suffolk: HSE Books.
HSE (Health and Safety Executive) (2006), Health and Safety Management and Business Economic Performance: An Econometric Study, Research Report 510, Suffolk: HSE Books. HSE (Health and Safety Executive) (2008), An empirical analysis of the effect of health on aggregate income and individual labour market outcomes in the UK, Research Report 639, Suffolk: HSE Books.
Hunt, H., and Habeck, R.V., (1993). The Michigan Disability Prevention Study: Research Highlights, Upjohn Institute for Employment Research, Kalamazoo, MI.
Hwang, H.-S., Reed, W. R., and Hubbard, C. (1992). “Compensating wage differentials and unobserved productivity”, Journal of Political Economy, 100: 835-858.
Ichino, A. and Moretti, E. (2009) “Biological Gender Differences, Absenteeism and the Earnings Gap,” American Economic Journal: Applied Economics 1(1): 183-218.
Ichino, A., and R.T. Riphahn, (2005), ‘‘The Effect of Employment Protection on Worker Effort: A Comparison of Absenteeism During and After Probation,’’ Journal of the European Economic Association, 3 (March): 120–43.
ILO (2003), Safety Culture at Work. Safety in numbers - Pointers for a global safety culture at work, Geneva: International Labour Office.
ILO (2005), Introductory report: Decent work-safe work, Geneva: International Labour Office.
ILO (2008), Beyond death and injuries: The ILO’s role in promoting safe and healthy jobs, Geneva: International Labour Organization.
Joensuu, M. and Lindstrom, K. (2003), Sickness absence and stress factors at work, Helsinki: Finnish Institute of Occupational Health.
Johansson, P. and Palme, M., (2001), “Estimating Compensating Wage Differentials from Worker Mobility”, Stockholm School of Economics, Working Paper Series in Economics and Finance, Working Paper No 0453.
Johansson, P., and M. Palme (1996), ‘‘Do Economic Incentives Affect Work Absence? Empirical Evidence Using Swedish Micro Data,’’ Journal of Public Economics, 59 (February): 195–218.
Kahneman, D, Wakker, P.P., and Sarin, R. (1997), “Back to Bentham? Explorations of Experienced Utility”, Quarterly Journal of Economics, 112(2): 375-405.
Kahneman, D., and Tversky, A. (1979), “Prospect theory: An analysis of decisions under risk”, Econometrica, 47: 313-327.
Kahneman, D., and Tversky, A. (Eds.). (2000). Choices, values and frames. New York: Cambridge University Press.
Kahneman, D., Slovic, P., and Tversky, A. (1982), Judgment Under Uncertainty: Heuristics and Biases, New York: Cambridge University Press.
Kaivanto, K. (1997), “An alternative model of pro-cyclical absenteeism”, Economics Letters, 54: 29–34.
Karnon, J., Tsuchiya, A. and Dolan P. (2005), “Developing a relativities approach to valuing the prevention of non-fatal work-related accidents and ill health”, Health Economics, 14(11): 1103–1115.
Kaukiainen, A., Akila, R., Martikainen, R. and Sainio, M. (2008), “Symptom screening in detection of occupational solvent-related encephalopathy”, International Archives of Occupational and Environmental Health, 82(3): 343-355.
Kramers, P.G.N. (2003), “The ECHI project: Health Indicators for the European Community”, European Journal of Public Health, 13(3 Supplement), pp. 101-106.
Krause, N., Frank, J.W., Dasinger, L.K., et al. (2001), “Determinants of Duration of Disability and Return-to-Work after Work-Related Injury and Illness: Challenges for Future Research”, American Journal of Industrial Medicine, 40: 464-484.
Kreis, J. and Bodeker, W. (2004), Indicators for work-related health monitoring in Europe (WORKHEALTH Project), Wirtschaftsverlag NW: Bremerhaven.
Lalive, R. (2003), “Did we Overestimate the Value of Health?, Journal of Risk and Uncertainty, 27(2): 171-193.
Leather, P., Beale, D. and Sullivan, L. (2003), “Noise, psychosocial stress and their interaction in the workplace”, Journal of Environmental Psychology, 23(2): 213-222.
Leigh, J. P., (1981), “The Effects of Union Membership on Absence from Work Due to Illness”, Journal of Labor Research, II(2): 329-336.
Leigh, J.P. (1985), ‘‘The Effects of Unemployment and the Business Cycle on Absenteeism,’’ Journal of Economics and Business, 37 (May): 159–70.
Lewis, R., McNabb R., Robinson, H and Wass, V. (2003), “Loss of Earnings Following Personal Injury: Do the Courts Adequately Compensate Injured Parties?”, The Economic Journal, 113(491): F568-F584.
Louviere, J.J, Hensher, D.A. and Swatt, J.D. (2000). Stated Choice Methods: Analysis and Application, Cambridge: Cambridge University Press.
Luce, R.D. and Tukey, J.W. (1964), ‘‘Simultaneous conjoint measurement: A new type of fundamental measurement’’, Journal of Mathematical Psychology, 1 : 1-27.
Lusinyan, L. and Bonato, L. (2007), “Work Absence in Europe”, IMF Staff Papers, 54(3): 475-538.
Maiti, J. and Bhattacherjee, A., (1999), “Evaluation of Risk of Occupational Injuries among Underground Coal Mine Workers through Multinomial Logit Analysis”, Journal of Safety Research, 30(2): 93–101.
Manski, C.F. (2004), “Measuring Expectations”, Econometrica, 72(5): 1329–1376.
Marin, A. and Psacharopoulos, G., (1982), “The Reward for Risk in the Labor Market: Evidence from the United Kingdom and a Reconciliation with Other Studies”, Journal of Political Economy, 90(4): 827-853.
Marsh, G.M., Lucas, L.J., Youk, A.O. and Schall, L.C. (1999), “Mortality patterns among workers exposed to acrylamide: 1994 follow up”, Occupational and Environmental Medicine, 56(3): 181-190.
McNabb, R. (1989), “Compensating wage differentials: some evidence for Britain”, Oxford Economic Papers, 41: 327-338.
Mery, J. (1973), “Auditory fatigue and occupational deafness in noisy industrial environments”, Travail Humain, 36(2): 221-254.
Meyer, B.D., Viscusi, W.K., and Durbin, D.L. (1995), “Workers’ compensation and injury duration: Evidence from a natural experiment”, The American Economic Review, 85(3): 322-340.
Michie, S. and Williams, S. (2003), “Reducing work-related psychological ill health and sickness absence: a systematic literature review”, Occupational and Environment Medicine, 60: 3–9.
Miller P, Rossiter P. and Nuttall D. (2002), “Demonstrating the economic value of occupational health services”, Occupational Medicine, 52: 477–483.
Moore, M. J. and W. K. Viscusi (1990), Compensation Mechanisms for Job Risks. Princeton: Princeton University Press.
Newton, R. Ormerod, M, and Thomas, P. (2007), “Disabled people's experiences in the workplace environment in England”, Equal Opportunities International, 26(6): 610-623.
NIOSH (National Institute of Occupational Safety and Health) (1997), Musculoskeletal Disorders and Workplace Factors: A Critical Review of Epidemiologic Evidence for Work-Related Musculoskeletal Disorders of the Neck, Upper Extremity, and Low Back, ed. Bernard, B. P, DHHS (NIOSH) Publication No. 97B141.
OECD (2009), Social Expenditure Database 1980-2003 (www.oecd.org/els/social/expenditure). Olson, C.A. (1981), “An Analysis of Wage Differentials Received by Workers on Dangerous Jobs”, Journal of Human Resources, 16(2): 167-85.
Ose, S.O. (2005), “Working conditions, compensation and absenteeism”, Journal of Health Economics, 24: 161–188.
Osterkamp, R., and Rohn, O. (2007). “Being on Sick Leave: Possible Explanations for Differences of Sick-leave Days Across Countries”. CESifo Economic Studies 53: 97-114
Pauly, M,V. et al. (2002), “A general model of the impact of absenteeism on employers and employees”, Health Economics, 11: 221-231.
Pickvance, S. (2005), “The impact of REACH on future skin and respiratory diseases”, HESA Newsletter, 28(October).
Pouliakas, K. and Theodossiou, I. (2009), ‘Confronting objections to performance pay: The impact of individual and gain-sharing incentives on job satisfaction’, Scottish Journal of Political Economy, 56(5), 662-684.
Pouliakas, K. and Theodossiou, I. (2010[a]), “Socioeconomic differences in the Satisfaction of High-Pay and Low-Pay Jobs in Europe”, International Labour Review, forthcoming.
Pouliakas, K. and Theodossiou, I. (2010[b]), ‘Measuring the utility cost of temporary employment contracts before adaptation: A conjoint analysis approach’, Economica, forthcoming.
Pouliakas, K., Sessions, J. and Theodoropoulos, N. (2010), “Variety of Performance Pay and Firm Performance: Effect of Financial Incentives on Worker Absence and Productivity”, Munich RePEC Personal Archive: No. 18238.
Pransky, G. S., Benjamin, K. L. and Savageau, J. A., (2005), “Early Retirement Due to Occupational Injury: Who is at Risk?”, American Journal of Industrial Medicine, 47: 285-295.
Probst, T.M. and Brubaker, T.L. (2001), “The Effects of Job Insecurity on Employee Safety Outcomes: Cross-Sectional and Longitudinal Explorations”, Journal of Occupational Health Psychology, 6(2): 139-159.
Pyykko, I., Toppila, E., Zou, J. and Kentala, E. (2007), “Individual susceptibility to noise induced hearing loss”, Audiological Medicine, 5(1), 41-53.
Rabin, M. (1998), “Psychology and Economics”, Journal of Economic Literature, 36(1): 11-46
Rabin, M. (2000), “Risk Aversion and Expected-Utility Theory: A Calibration Theorem”, Econometrica, 68(5): 1281-1292.
Rabin, M. and Thaler, R.H. (2001), "Anomalies: Risk Aversion," Journal of Economic Perspectives, 15(1): 219-232.
Rantanen, J., Kauppinen, T., Toikkannen, J, et al. (2001), Work and Health Country Profiles: Country Profiles and National Surveillance Indicators of Occupational Health and Safety, People and Work Research Reports, No. 44: Helsinki: Finish Institute of Occupational Health and Safety.
Reville, R. T. and Schoeni, R. F., (2001), “Disability from Injuries at Work: The Effects on Earnings and Employment”, RAND Institution, Labor and Population Program Working Paper Series, No DRU-2554.
Riphahn, R.G. and Thalmaier, A. (1999), “Behavioral Effects of Probation Periods: An Analysis of Worker Absenteeism”, Journal of Economics and Statistics, 221(2), 179-201.
Rosen, S., (1986), “The Theory of Equalizing Differences”, in: O. Ashenfelter and R. Layard (eds.), Handbook of Labor Economics, Vol. I (ch. 12): 641-692, Elsevier.
Ruser, J. and Butler, R. (2009), “The Economics of Occupational Safety and Health”, Foundations and Trends in Microeconomics, 5(5): 301-354.
Ruser, J.W., (1991), “Workers' Compensation and Occupational Injuries and Illnesses”, Journal of Labor Economics, 9(4): 325-350.
Ryan, M. and Farrar, S. (2000), “Using conjoint analysis to elicit preferences for health care”, British Medical Journal, 320: 530-1533.
Samuelson, P. (1938), “A Note on the Pure Theory of Consumer Behavior,” Economica, 5: 61–71.
Sandy, S. and Elliott, R. E., (2005), “Long-Term Illness and Wages: The Impact of the Risk of Occupationally Related Long-Term Illness on Earnings”, Journal of Human Resources, 40(3): 744-768.
Shannon, H.S., Myr, J. and Haines, T. (1997), “Overview of the relationship between organizational and workplace factors and injury rates”, Safety Science, 26(3): 201-217.
Shapiro, C. and J.E. Stiglitz, (1984), ‘‘Equilibrium Unemployment as a Worker Discipline Device,’’ American Economic Review, 74: 433–44.
Shapiro, S.A. (1999), “Occupational Safety and Health Regulation”, in Boudewijn Bouckaert and Gerrit De Geest (eds), Encyclopedia of Law and Economics, Edward Elgar Publishing and University of Ghent, http://encyclo.findlaw.com
Siebert, W. S. and Wei, X., (1994), “Compensating Wage Differentials for Workplace Accidents: Evidence for Union and Nonunion Workers in the UK”, Journal of Risk and Uncertainty, 9:61-76.
Skatun J.D. (2003) ‘Take Some Days off Why Don’t You? Endogenous Sick Leave and Pay’, Journal of Health Economics, 22, 379-402.
Slovic P, Fischhoff B, and Lichtenstein S. (1982), Facts versus fears: understanding perceived risk. In: Kahneman D, Slovic P, Tversky A, eds. Judgement under uncertainty: heuristics and biases. Cambridge: Cambridge University Press: 463–89.
Slovic P. (2000), The perception of risk, London: Earthscan Publications.
Smith, A. (1776), An Inquiry into the Nature and Consequences of the Wealth of Nations, London: Methuen & Co., Ltd.
Stansfeld SA, Bosma H, Hemingway H, Marmot MG. (1998), “Psychosocial work characteristics and social support as predictors of SF-36 health functioning: the Whitehall II study”, Psychosomatic Medicine, 60: 247–255.
Steers, R. M. and Rhodes, S. N. (1978). “Major influences on employee attendance: a process model”, Journal of Applied Psychology, 63: 391-407.
Stewart, M.B. (2007), “The interrelated dynamics of unemployment and low-wage employment”, Journal of Applied Econometrics. 22(3): 511 - 531.
Stewart, M.B. and Swaffield, J.K. (1999), “Low Pay Dynamics and Transition Probabilities”, Economica, 66(261): 23-42.
Strong, L. L. and Zimmerman, F. J., (2005), “Occupational Injury and Absence From Work Among African American, Hispanic, and Non-Hispanic White Workers in the National Longitudinal Survey of Youth”, American Journal of Public Health, 95(7): 1226-1232.
Sunstein, C.R. (1990), After the Rights Revolution: Reconceiving the Regulatory State, Cambridge, MA, Harvard University Press.
Swaen, G.M.H., Haidar, S., Burns, C.J., et al. (2007), “Mortality study update of acrylamide workers”, Occupational and Environmental Medicine, 64(6): 396-401.
Thaler, R.H. and Rosen, S., (1976), “The Value of Saving a Life: Evidence from the Labor Market”, in: R. Thaler and S. Rosen (eds.), Household Production and Consumption, pp. 265-302, New York: NBER.
Thaler, R.H. and Sunstein, C.R. (2008), Nudge: Improving Decisions about Health, Wealth and Happiness, London: Penguin Books.
Tüchsen, F, Christensen, K.B., and Lund, T. (2008), “Shift work and sickness absence”, Occupational Medicine, 58(4):302-304.
Tüchsen, F., Christensen, K. B., Feveile, K. and Dyreborg, J., (2009), “Work injuries and disability”, Journal of Safety Research, 40: 21-24.
Tversky, A. and Kahneman, D. (1991), “Loss Aversion in Riskless Choice: A Reference-Dependent Model,” Quarterly ]ournal of Economics, 106(4): 1039-61.
Tversky, A. and Kahnenam, D. (1986), “Rational Choice and the Framing of Decisions”, Journal of Business, 59(4): S251-S278.
Tversky, A., and Kahneman, D. (1974). “Judgment under uncertainty: Heuristics and biases”, Science, 185: 1124-1131.
Van Beek, K.W.H., Koopmans, C.C. and Van Praag, B.M.S (1997). “Shopping at the labour market: A real tale of fiction”, European Economic Review, 41: 295-317.
Van Leeuwen, M.J. and Van Praag, B.M.S. (2002), “The costs and benefits of lifelong learning: The case of the Netherlands”, Human Resource Development Quarterly, 13: 151-168.
Viscusi, W. K. and Moore, M. J. (1987). “Workers' compensation: Wage effects, benefit inadequacies, and the value of health losses”, The Review of Economics and Statistics, 69: 249-261.
Viscusi, W. K., (1993), “The Value of Risks to Life and Health”, Journal of Economic Literature, 31(4): 1912-1946.
Viscusi, W. K., (2004), “The Value of Life: Estimates with Risks by Occupation and Industry”, Economic Inquiry, 42(1): 29-48.
Viscusi, W.K. (1979), “Job Hazards and Worker Quit Rates: An Analysis of Adaptive Worker Behaviour”, International Economic Review, 20(1): 29-58.
Viscusi, W.K. (2006), “Regulation of Health, Safety and Environmental Risk”, The Harvard John M. Olin Discussion Paper Series, Discussion Paper No. 544.
Viscusi, W.K. and Aldy, J.E. (2003). “The Value of a Statistical Life: A Critical Review of Market Estimates Throughout the World,” Journal of Risk and Uncertainty 27(1): 5-76.
Vistnes, J. P. (1997), “Gender Differences in Days Lost from Work Due to Illness.” Industrial and Labor Relations Review 50(2): 304–23.
Walters, D. (2007), An International Comparison of Occupational Disease and Injury Compensation Schemes, A Research Report prepared for the Industrial Injuries Advisory Council (IIAC), Cardiff University, March.
Wang, J.D. and Chen, J.D. (1993), “Acute and Chronic Neurological Symptoms among Paint Workers Exposed to Mixtures of Organic Solvents”, Environmental Research, 61(1): 107-116.
Wege, N., Dragano, N., Erbel, R., et al. (2008), “When does work stress hurt? Testing the interaction with socioeconomic position in the Heinz Nixdorf Recall Study”, Journal of Epidemiology and Community Health, 62(4): 338-343.
Wei, X. (2007), “Wage compensation for job-related illness: Evidence from a matched employer and employee survey in the UK”, Journal of Risk and Uncertainty, 34: 85-98.
Weil, D., (2001), “Valuing the economic consequences of work injury and illness: A comparison of methods and findings”, American Journal of Industrial Medicine, 40(4): 418-437.
Weinstein, N.D. (1989), “Optimistic biases about personal risks”, Science, 246: 1232–3.
White R.F. and Proctor, S.P. (1997), “Solvents and Neurotoxicity”, Lancet, 349 (9060), 1239-1243.
Wilson, D.J., Takahashi, K, Smith, D.R. et al. (2006), “Recent Trends in ILO Conventions Related to Occupational Safety and Health”, International Journal of Occupational Safety and Ergonomics 12(3): 255–266.
Wilson, D.J., Takahashi, K., Sakuragi S. et al., (2007), “The Ratification Status of ILO Conventions Related to Occupational Safety and Health and its Relationship with Reported Occupational Fatality Rates”, Journal of Occupational Health, 49: 72-79.
Wilson, M.G. (1996), “A Comprehensive Review of the Effects of Worksite Health Promotion on Health-related Outcomes: An Update”, American Journal of Health Promotion, 11 (2): 107-108.
Wilson, N. and Peel, M.J. (1991), “The Impact on Absenteeism and Quits of Profit-Sharing and Other Forms of Employee Participation”, Industrial and Labor Relations Review, 44 (3): 454-468.
Wong, O. and Trent, L.S. (1999), “Mortality from nonmalignant diseases of the respiratory, genitourinary and nervous systems among workers exposed to styrene in the reinforced plastics and composites industry in the United States”, Scandinavian Journal of Work, Environment and Health, 25(4): 317-325.
Woock, C., (2009), “The earnings losses of injured men: Reported and unreported injuries”, Industrial Relations, 48(4): 610-628.
Yamasue, K., Hayashi, T., Ohshige, K., Tochikubo, O. and Souma, T. (2008), “Masked hypertension in elderly managerial employees and retirees”, Clinical and Experimental Hypertension, 30(3-4): 203-211.
Available Versions of this Item
An Inquiry Into the Theory, Causes and Consequences of Monitoring Indicators of Health and Safety At Work. (deposited 01. Feb 2010 00:29)
The economics of health and safety: An interdisciplinary review of the theory and policy. (deposited 12. Feb 2011 19:04)
- The economics of health and safety: An interdisciplinary review of the theory and policy. (deposited 07. May 2011 05:41) [Currently Displayed]
- The economics of health and safety: An interdisciplinary review of the theory and policy. (deposited 12. Feb 2011 19:04)