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A study by Price Fishback and Shawn Kantor of the University of Arizona shows that after the passage of workers' compensation laws, wages received by workers in the coal and lumber industries fell.
Source: Price V.Fishback and Shawn Everett Kantor, "Did Workers Pay for the Passage of Workers' Compensation Laws?" Quarterly Journal of Economics, Vol.100, No.3, August 1995, pp.713-742.
Which of the following could explain why passage of workers' compensation laws led to a fall in wages in some industries?
Skewed Right
A distribution of data where most values are concentrated on the left side, with the tail extending to the right.
Measure
A method or tool used for quantifying the characteristics or magnitude of a given phenomenon or attribute.
Coefficient of Variation
A measure of relative variability expressed as a percentage of the mean.
Heights
Measurements of how tall individuals or objects are from base to top.
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