Showing 1 - 10 of 1,298
The considerable literature on the value of a statistical life (VSL) documents the wage-mortality risk tradeoffs for …. Because of the longer life expectancy for children, there have been proposals to add a premium to their VSL, which would … generate an inconsistency with revealed preference estimates of the VSL trajectory over the life cycle. The shorter life …
Persistent link: https://www.econbiz.de/10014533934
statistical life (VSL) and relative severity/injury estimates from the Department of Transportation (DOT), we estimate an overall … is almost 40% higher than the total valuation of $1.6 trillion (using about $11 million VSL from the DOT) for all …
Persistent link: https://www.econbiz.de/10012322431
compensating wage differential for job safety risk revealed in the labor market via hedonic equilibrium outcomes. The decisions in … turn reveal the value of a statistical life (VSL), the value of a statistical injury (VSI), and the value of a statistical … life year (VSLY), which have both mortality and morbidity aspects that we describe and apply here. All such tradeoff rates …
Persistent link: https://www.econbiz.de/10013177758
bags to trace out the demand curve for air bags and the implied distribution of the Value of a Statistical Life (VSL …) across consumers. While imprecise, our preferred point estimates indicate that the median VSL is between $7 million and $13 …
Persistent link: https://www.econbiz.de/10010289902
bags to trace out the demand curve for air bags and the implied distribution of the Value of a Statistical Life (VSL …) across consumers. While imprecise, our preferred point estimates indicate that the median VSL is between $7 million and $13 …
Persistent link: https://www.econbiz.de/10011252272
In this paper we show that omitted variables and publication bias lead to severely biased estimates of the value of a statistical life. Although our empirical results are obtained in the context of a study of choices about road safety, we suspect that the same issues plague the estimation of...
Persistent link: https://www.econbiz.de/10010270566
might be around one-third this value. Since this estimate is an upper bound of the value of a statistical life (VSL), we set … increased speed limits to recover the VSL. The empirical implementation of this model produces estimates of the VSL that are …
Persistent link: https://www.econbiz.de/10010270573
the channel of mortality selection. These results survive a rich set of placebo and falsification tests. Finally, our …
Persistent link: https://www.econbiz.de/10012005817
This paper uses the 1918 influenza pandemic as a natural experiment to examine whether air pollution affects …-city differences in baseline pollution measures based on coal-fired electricity generating capacity for a sample 183 American cities …. The findings suggest that air pollution exacerbated the impact of the pandemic. Proximity to World War I military bases …
Persistent link: https://www.econbiz.de/10011401663
ambient air pollution on population health. For Germany and the years 1999 to 2008, we link the universe of all 170 million … hospital admissions, along with all 8 million deaths, with weather and pollution data reported at the day-county level. Extreme … simultaneous weather and pollution conditions. We find strong evidence for harvesting, and that the instantaneous heat …
Persistent link: https://www.econbiz.de/10010328956