Search Results

Author: Tempesti, Tommaso
Resulting in 3 citations.
1. Galizzi, Monica
Tempesti, Tommaso
Workers' Risk Tolerance and Occupational Injuries
Risk Analysis 35,10 (October 2015): 1858-1875.
Cohort(s): NLSY79
Publisher: Wiley Online
Keyword(s): Accidents; Cognitive Ability; Health/Health Status/SF-12 Scale; Injuries, Workplace; Noncognitive Skills; Risk Perception; Risk-Taking; Socioeconomic Status (SES)

Permission to reprint the abstract has not been received from the publisher.

This study explores the relationship between individuals' risk tolerance and occupational injuries. We analyze data from a national representative survey of U.S. workers that includes information about injuries, risk tolerance, cognitive and noncognitive attributes, and risky behaviors. We measure risk tolerance through questions regarding individuals' willingness to gamble on their lifetime income. We estimate zero-inflated count models to assess the role played by such measures on workers' recurrent injuries. We discuss some implications of our results for future research and occupational safety policies.

Our results highlight the concurrent and changing role played by individual, work, and environmental factors in explaining recurrent incidents. They show that risk tolerance affects recurrent injuries, although not in the direction that proponents of the concept of proneness would expect. Our measure of risk aversion shows that individuals who are somewhat more risk tolerant have fewer recurrent injuries than those who are risk averse. But the estimated relationship is U-shaped, not monotonic and, therefore, not easy to predict. At the same time, we find that individuals' "revealed risk preferences"--specific risky behavior--are related to higher injury probabilities. Demanding working conditions, measures of socioeconomic status, health, and safety problems experienced by workers during their youth remain among the most important factors explaining the phenomena of recurrent injuries. So our results contribute also to the important debate about the relationship between health and socioeconomic status.

Bibliography Citation
Galizzi, Monica and Tommaso Tempesti. "Workers' Risk Tolerance and Occupational Injuries." Risk Analysis 35,10 (October 2015): 1858-1875.
2. Moro, Andrea
Tello-Trillo, Sebastian
Tempesti, Tommaso
The Impact of Obesity on Wages: The Role of Personal Interactions and Job Selection
Labour: Review of Labour Economics and Industrial Relations 33,2 (June 2019): 125-146.
Cohort(s): NLSY79
Publisher: Blackwell Publishing, Inc. => Wiley Online
Keyword(s): Obesity; Occupational Information Network (O*NET); Racial Differences; Sociability/Socialization/Social Interaction; Wage Penalty/Career Penalty

We estimate the effects of obesity on wages accounting for the endogenous selection of workers into jobs requiring different levels of personal interactions in the workplace. Using data from the National Longitudinal Survey of Youth 1979 combined with detailed information about occupation characteristics from O*Net, we confirm the results from the literature finding a wage penalty for obese White women. This penalty is higher in jobs that require a high level of personal interactions. Accounting for job selection does not significantly change the estimated wage penalty.
Bibliography Citation
Moro, Andrea, Sebastian Tello-Trillo and Tommaso Tempesti. "The Impact of Obesity on Wages: The Role of Personal Interactions and Job Selection." Labour: Review of Labour Economics and Industrial Relations 33,2 (June 2019): 125-146.
3. Tempesti, Tommaso
Fringe Benefits and Chinese Import Competition
Southern Economic Journal 86,4 (April 2020): 1307-1337.
Cohort(s): NLSY79
Publisher: Southern Economic Association
Keyword(s): Benefits, Fringe; Import Competition; Wages

While many studies have quantified the impact of Chinese import competition on U.S. wages, to my knowledge this is the first study to also estimate the effect on fringe benefits. This is important because in the United States, fringe benefits are now more than 30% of compensation. I first argue that if trade affects the share of benefits in compensation, focusing on wages and ignoring fringe benefits may give us misleading estimates of the effect of trade on workers' total compensation. Using data from the National Longitudinal Survey of Youth 1979, I track the subsequent outcomes of workers who were working in manufacturing in 1996. Similar to Autor et al. (2014), I find that exposure to Chinese competition negatively affects wage income. As to fringe benefits, the effect on participation in a defined benefit retirement plan and the availability of vacation days is negative and significant. The effects on other benefits are usually negative but imprecisely estimated. The effect on the overall dollar value of benefits is negative and significant. However, in percentage terms, the effect on benefits is smaller than the effect on wages. This suggests that, in percentage terms, the impact of Chinese import competition on overall compensation is less severe than the one found in Autor et al. (2014) for wages.
Bibliography Citation
Tempesti, Tommaso. "Fringe Benefits and Chinese Import Competition." Southern Economic Journal 86,4 (April 2020): 1307-1337.