Ferreira, Susana; Martínez-de-Morentin, Sara; Erro … - 2024
, according to the theory of compensating differentials, there should be no relationship between on-the-job risk and job … satisfaction because wages would fully adjust to compensate for differences in job characteristics. We show that when wages do not … fully compensate for on-the-job risks, the willingness to pay to reduce mortality risks estimated from hedonic regressions …