SUBSTITUTION BETWEEN UNEMPLOYMENT-INSURANCE AND WORKERS COMPENSATION - AN ANALYSIS APPLIED TO THE RISK OF WORKPLACE ACCIDENTS

• 成果类型: Article
• 署名作者: FORTIN, B; LANOIE, P
• 署名单位: Universite de Montreal; HEC Montreal; Universite de Montreal
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/0047-2727(92)90070-V
• 发表日期: 1992
• 页码: 287-312

摘要

This paper extends the literature on post-injury duration of absence from work by developing a model that incorporates substitution between unemployment insurance benefits and workers' compensation. A theoretical analysis is presented in which the worker maximizes expected utility over four possible states of nature. The model is tested empirically using pooled cross-section and time-series data at the two-digit industry level. The main findings support the predictions of the model: an increase in workers' compensation benefits increases the average duration of accidents with an elasticity of 0.9-1.4, while an increase in unemployment insurance payments reduces the average duration of accidents with an elasticity of 0.5-0.7.