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Although valuations of risk should increase with income, hedonic wage studies have not been well suited to assessing this relationship. Using survey data on consumer valuations of product safety, this paper analyzes the role of income effects for several utility functions. The methodology...
Persistent link: https://www.econbiz.de/10008598989
Using individual-level data on males from the 1988–91 National Health Interview Survey Multiple Cause of Death Files, we examine the impact of relative deprivation within a reference group on health. We define reference groups using combinations of state, race, education, and age. High...
Persistent link: https://www.econbiz.de/10005003830
Using a statistical matching procedure to choose control groups, we find that four states that adopted large cigarette tax hikes had corresponding decreases in smoking participation of pregnant women. Using the tax hike as an instrument for smoking in birth-weight equations and pooling data...
Persistent link: https://www.econbiz.de/10005003839