RSVP: Monday 13th of April to Karen.Hewitt@unisa.edu.au
George Kingston Building 5-15, City West Campus, North Terrace, University of South Australia
Work, the market and death A seminar by Dr Kevin Purse, Postdoctoral Research Fellow, Hawke Research Institute for Sustainable Societies
Tuesday 12 April, 12.30-1.30pm GK5-15, City West Campus
Neoclassical economics maintains that workers who face higher (known) risks of death from their work are rewarded by the market with higher earnings in the form of compensating wage differentials. The theoretical basis for compensating wage differentials is derived from the work of Adam Smith and now forms a central tenet of the neoclassical view of how the labour market operates. Support for the theory is drawn from econometric studies conducted over the last three decades. But does this evidence actually stack up? In this presentation it will be suggested that there are strong grounds, both theoretical as well as empirical, for doubting that it does.
Coffee provided.
Contact
Ms. Karen Hewitt (email) website Project Officer Hawke Research Institute University of South Australia Business: (08) 8302 0426 Fax: (08) 8302 0670
