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http://hdl.handle.net/10419/67131
  

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dc.contributor.authorGuinnane, Timothyen_US
dc.contributor.authorStreb, Jochenen_US
dc.date.accessioned2012-11-30en_US
dc.date.accessioned2012-12-07T14:47:15Z-
dc.date.available2012-12-07T14:47:15Z-
dc.date.issued2012en_US
dc.identifier.isbn978-3-86788-418-1en_US
dc.identifier.pidoi:10.4419/86788418en_US
dc.identifier.urihttp://hdl.handle.net/10419/67131-
dc.description.abstractThe German government introduced compulsory accident insurance for industrial firms in 1884. This insurance scheme was one of the main pillars of Bismarck's famous social insurance system. The accident-insurance system achieved only one of its intended goals: it successfully compensated workers and their survivors for losses due to accidents. The accident-insurance system was less successful in limiting the growth of work-related accidents, although that goal had been a reason for the system's creation. We trace the failure to stem the growth of accidents to faulty incentives built into the 1884 legislation. The law created mutual insurance groups that used an experiencerating system that stressed group rather than firm experience, leaving firms with little hope of saving on insurance contributions by improving the safety of their own plants. The government regulator increasingly stressed the imposition of safety rules that would force all firms to adopt certain safety practices. Econometric analysis shows that even the flawed tools available to the insurance groups were powerful, and that more consistent use would have reduced industrial accidents earlier and more extensively.en_US
dc.language.isoengen_US
dc.publisherRWI Essenen_US
dc.relation.ispartofseriesRuhr Economic Papers 364en_US
dc.subject.jelN33en_US
dc.subject.jelG22en_US
dc.subject.jelH55en_US
dc.subject.ddc330en_US
dc.subject.keywordsocial insuranceen_US
dc.subject.keywordaccident insuranceen_US
dc.subject.keywordworkman's compensationen_US
dc.subject.keywordregulationen_US
dc.titleIncentives that saved lives: Government regulation of accident insurance associations in Germany, 1884 - 1914en_US
dc.typeWorking Paperen_US
dc.identifier.ppn730686299en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Publikationen von Forscherinnen und Forschern des RWI
Ruhr Economic Papers, RWI

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