Institutional Change, Compensating Differentials, and Accident Risk in American Railroding, 1892–1945
Bibliographic Data
| ID | 10101833 |
|---|---|
| Authors | Seung Wook Kim (0000-0002-2137-4736, Chung-Ang University, corresponding author), Seung-Wook Kim, Price Fishback (National Bureau of Economic Research), Price V Fishback |
| Year | 1993 |
| Volume | 53 |
| Issue | 4 |
| Pages | 796-823 |
| Publication date | 1993-12-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic History (JOURNAL) |
| Journal identifiers | ISSN: 0022-0507 • E-ISSN: 1471-6372 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0022050700051329 |
| OpenAlex | W2159224558 |
| Language | EN |
| Citations received | 12 |
| References cited | 13 |
The labor markets in the railroad industry went through extensive institutional changes between 1890 and 1945. Federal laws increased railroad employers' liability for workplace accidents in several stages. Unions expanded to cover more occupations. The federal government set railroad wages during World War I and then mediated and arbitrated a large number of collective bargaining disputes between 1920 and 1945. We examine how these changes in institutions affected compensating differentials for fatal and nonfatal accident risk. The increasing role of unionization and government intervention coincided with a decline in the size of compensating differentials
Accident (philosophy · Business · Collective bargaining · Economic interventionism · Economics · Government (linguistics · Intervention (counseling · Labour economics · Liability · Political science · American History and Culture · Finance · Historical Economic and Social Studies · Law · Occupational and Professional Licensing Regulation
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Incentives That (Could Have) Saved Lives
Unions and compensating wage differentials for workplace accident risk
| Unique citing works | 12 |
|---|---|
| Citations per year | 0,52 |
| Citation span | 2003 - 2026 (24) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 12 |