Health-Related Risk Perceptions and Wage Compensation: Evidence From Turkey


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Polat S.

Finans Politik ve Ekonomik Yorumlar Dergisi, cilt.58, sa.658, ss.53-72, 2021 (Hakemli Dergi)

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 58 Sayı: 658
  • Basım Tarihi: 2021
  • Dergi Adı: Finans Politik ve Ekonomik Yorumlar Dergisi
  • Derginin Tarandığı İndeksler: TR DİZİN (ULAKBİM)
  • Sayfa Sayıları: ss.53-72
  • Galatasaray Üniversitesi Adresli: Evet

Özet

In this paper, we estimate wage compensation of workers facing different risks adversely affecting their health and well-being based on individual evaluations of work environment by using the ad-hoc module of 2013 Household Labor Survey. Our results reveal that among various risk factors, only general risk of injury is compensated by a significant and positive premium. Informal workers and female wage earners do not receive additional payment working in risky environments. Allowing risk compensation to vary across wage dispersion, we find that positive compensations follow an inverse-u shape. We argue that in terms of unpleasant job attributes, the labor market in Turkey can be identified with labor segmentation rather compensating wage differentials.