Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Social and Behavioral Sciences
Workers’ Compensation, Wages, And The Risk Of Injury, Ronald G. Ehrenberg
Workers’ Compensation, Wages, And The Risk Of Injury, Ronald G. Ehrenberg
Ronald G. Ehrenberg
[Excerpt] In many respects the structures of the workers' compensation and unemployment insurance systems are similar. Each is actually a system of individual state systems. Both are financed by a payroll tax that is imperfectly experience rated. Both provide insurance against an adverse consequence (work injury or unemployment) that leads to time away from work; the incidence and duration of these events are at least partially determined by both employer and employee behavior. Both systems provide, at least for temporary events, a structure of benefits that ties compensation to a worker's previous earnings. Because of these similarities, it is not …