G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w3029
来源IDWorking Paper 3029
The Employers' cost of Workers' Compensation Insurance: Magnitudes, Determinants, and Public Policy
Alan B. Krueger; John F. Burton, Jr.
发表日期1989-07-01
出版年1989
语种英语
摘要This paper presents estimates of the average cost of the workers' compensation insurance program for a homogeneous group of employers by state. These estimates are of interest because they reflect the operation, direct nominal costs, and efficiency of workers' compensation. The paper estimates cost equations for a variety of alternative specifications. The main finding is that when cost equations are estimated by ordinary least squares there is a unit elasticity of costs with respect to benefits, but instrumental variable estimates of the effect of benefits yield a greater than unit elasticity. The results also indicate that the presence of a state insurance fund is associated with higher average costs to employers, all else equal. Finally, we explore the impact that the minimum standards recommended by the National Commission on State Workmen's Compensation Laws would have on workers' compensation costs.
主题Labor Economics
URLhttps://www.nber.org/papers/w3029
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/560304
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Alan B. Krueger,John F. Burton, Jr.. The Employers' cost of Workers' Compensation Insurance: Magnitudes, Determinants, and Public Policy. 1989.
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