Chapter 13. Wages and Working Conditions

  1. Joyce P. Jacobsen and
  2. Gilbert L. Skillman

Published Online: 14 JAN 2008

DOI: 10.1002/9780470755587.ch14

Labor Markets and Employment Relationships: A Comprehensive Approach

Labor Markets and Employment Relationships: A Comprehensive Approach

How to Cite

Jacobsen, J. P. and Skillman, G. L. (eds) (2008) Wages and Working Conditions, in Labor Markets and Employment Relationships: A Comprehensive Approach, Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470755587.ch14

Publication History

  1. Published Online: 14 JAN 2008
  2. Published Print: 1 JAN 2004

ISBN Information

Print ISBN: 9780631208365

Online ISBN: 9780470755587

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Keywords:

  • working conditions;
  • wage differentials;
  • workplace risks;
  • market power;
  • wage compensation hypothesis

Summary

This chapter contains section titled:

  • WORKPLACE RISKS AND WAGE DIFFERENTIALS The incidence of workplace risks

  • A hedonic model of compensating wage differentials

  • Positive and normative implications of the theory

  • MARKET POWER AND THE ALLOCATION OF WORKPLACE CHARACTERISTICS

  • Market power and compensating wage differentials

  • Market power and workplace-level public goods

  • Insider power and observed wage differentials

  • IMPERFECT CONTRACTING AND THE ALLOCATION OF WORKPLACE CHARACTERISTICS

  • Bilateral moral hazard in safety production

  • Contracting failures and safety training

  • EVIDENCE CONCERNING THE WAGE COMPENSATION HYPOTHESIS

  • CONCLUSION