INSTITUTIONAL CHANGE, COMPENSATING DIFFERENTIALS, AND ACCIDENT RISK IN AMERICAN RAILROADING, 1892-1945

• 成果类型: Article
• 署名作者: University of Arizona; National Bureau of Economic Research
• 刊物名称: JOURNAL OF ECONOMIC HISTORY
• ISSN/ISSBN: 0022-0507
• DOI: 10.1017/S0022050700051329
• 发表日期: 1993
• 页码: 796-823
• 关键词: wage differentials

摘要

The labor markets in the railroad industry went through extensive institutional changes between 1890 and 1945. Federal laws increased railroad employers' liability for workplace accidents in several stages. Unions expanded to cover more occupations. The federal government set railroad wages during World War I and then mediated and arbitrated a large number of collective bargaining disputes between 1920 and 1945. We examine how these changes in institutions affected compensating differentials for fatal and nonfatal accident risk. The increasing role of unionization and government intervention coincided with a decline in the size of compensating differentials.