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第5回金融研究会を開催しました。

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日時:2026年6月11日(木)17:15〜18:45
報告者:淺井顕太郎氏(京都大学)
タイトル:Enhancing Workplace Compliance: The Role of Paid Sick Leave (PSL) Mandates

 

(論文要旨)
Utilizing staggered PSL mandates in the U.S., this paper examines the causal impact of paid sick leave (PSL) on workplace safety compliance. We show that PSL significantly reduces safety violations and associated penalties, enhancing firm value. This result withstands a battery of robustness tests. We also show that the impact is stronger in lowunionization settings and less automated industries with higher interpersonal contact. By documenting that PSL improves employees’ perceptions of their employer’s commitment to well-being, we argue that PSL serves as an effective employee health benefit that bolsters safety compliance and reduces regulatory risk, thereby lowering reliance on costly ex-post
enforcement.

 

Keywords: Paid Sick Leave (PSL), Workplace Misconduct, Employee Health, Human
Capital
JEL classification: J32, I18, G38, M14

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