Measurement error and the effects of unions on the compensating differentials for fatal workplace risks
Document Type
Journal article
Source Publication
Journal of Risk and Uncertainty
Publication Date
7-1-2001
Volume
23
Issue
1
First Page
33
Last Page
56
Abstract
With essentially the same estimation methods and time period but using different UK data sets and risk measures, Sandy and Elliott (1996) found that nonunion male manual workers had a substantially higher fatal risk premium than union workers while Siebert and Wei (1994) found the opposite. This paper attempts to reconcile these conflicting results using the different measures of fatal risk employed in these two studies together on the same data set. The conflicting results are due to several types of measurement error. We find substantial miscoding in the employee-reported industry affiliation as well as larger errors-in-variables bias in the industry-based risk than in the occupation-based risk.
DOI
10.1023/A:1011112631522
Print ISSN
08955646
E-ISSN
15730476
Publisher Statement
Copyright © 2001 Kluwer Academic Publishers
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Sandy, R., Elliott, R. F., Siebert, W. S., & Wei, X. (2001). Measurement error and the effects of unions on the compensating differentials for fatal workplace risks. Journal of Risk & Uncertainty, 23(1), 33-56. doi: 10.1023/A:1011112631522