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Worsening Workers' Health by Lowering Retirement Age: The Malign Consequences of a Benign Reform
In 2003, the retirement age of Swiss construction workers was lowered from 65 to 60. This reform has been intended to improve their health. Our study shows the opposite outcome. The human capital theory suggests that investments in employees’ productivity by the employer and the employees themselves depend on the time remaining until their retirement. Hence, we hypothesize that pension reforms that reduce employees’ working horizon decrease investments in work-related human capital, which translates into a higher prevalence of sickness absences, a longer absence duration, and worse...
Worker health is good for the economy: Union density and psychosocial safety climate as determinants of country differences in worker health and productivity in 31 European countries
Work stress is recognized globally as a social determinant of worker health. Therefore we explored whether work stress related factors explained national differences in health and productivity (gross domestic product (GDP)). We proposed a national worker health productivity model whereby macro market power factors (i.e. union density), influence national worker health and GDP via work psychosocial factors and income inequality. We combined five different data sets canvasing 31 wealthy European countries. Aggregated worker self-reported health accounted for 13 per cent of the variance in national...
The incidence and impact of recurrent workplace injury and disease: a cohort study of WorkSafe Victoria, Australia compensation claims
OBJECTIVE : To determine the incidence and impact of recurrent workplace injury and disease over the period 1995-2008. DESIGN: Population-based cohort study using data from the state workers' compensation system database. SETTING : State of Victoria, Australia. PARTICIPANTS : A total of 448 868 workers with an accepted workers' compensation claim between 1 January 1995 and 31 December 2008 were included into this study. Of them, 135 349 had at least one subsequent claim accepted for a recurrent injury or disease during this period. MAIN OUTCOME MEASURES : Incidence of initial and recurrent...
The economics of health and safety at work: an interdiciplinary review of the theory and policy
This paper engages in an interdisciplinary survey of the current state of knowledge related to the theory, determinants and consequences of occupational safety and health (OSH). It first describes the fundamental theoretical construct of compensating wage differentials, which is used by economists to understand the optimal provision of OSH in a perfectly competitive labour market. The plethora of incentives faced by workers and firms in job and insurance markets that determine the ultimate level of OSH are discussed in detail. The extensive empirical evidence from the hedonic wage and stated choice...
Implementation of the Directives on Health and Safety at Work as a Cost Factor
The study aims at better understanding the importance of Occupational Health and Safety (OSH) as a contributing factor to the economic viability of an organisation and looks into the potential effects of the proposals currently on the table for reducing administrative burdens in the field of health and safety at work. It considers the costs and benefits of compliance with OSH obligations, new and emerging risks and the need for new prevention measures to address these. Source :

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