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Wages as risk compensation in Germany

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Grund, Christian

Institute for the Study of Labor - Bonn

2000

11 p.

occupational accidents ; occupational risks ; wage determination ; wage differential ; workers' compensation

Germany

IZA Discussion Papers

221

Wages and wage payment systems

www.iza.org/

English

Bibliogr.

"The theory of compensating wage differentials is generally accepted. Still, there has been no strong or even contrary evidence for compensating wage differentials in Germany so far. Estimating wage regressions with data of the German Socio-Economic Panel (GSOEP) within individually perceived hazards of work accidents as a risk variable, evidence for compensating wage differentials in Germany is found even though other effects may partly weaken the existing wage premiums due to risks at work."

Digital



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