Kniesner, Thomas J.; Viscusi, W. Kip; Woock, Christopher; … - In: The Review of Economics and Statistics 94 (2012) 1, pp. 74-87
We address long-standing concerns in the literature on compensating wage differentials: the econometric properties of the estimated value of statistical life (VSL) and the wide range of such estimates. We confront prominent econometric issues using panel data, a more accurate fatality risk...