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Our research clarifies the conceptual linkages among willingness to pay for additional safety, willingness to accept less safety, and the value of a statistical life (VSL). We present econometric estimates using panel data to analyze the VSL levels associated with job changes that may affect the...
Persistent link: https://www.econbiz.de/10010937286
Our research presents new evidence on the age pattern of the implicit value of life revealed from workers' differential wages and job safety pairings. Although aging reduces the number of years of life expectancy, aging can affect the value of life through an effect on planned life-cycle...
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In this paper, we use household-level data from the Panel Study of Income Dynamics to examine the impact of new saving incentives that were implemented as part of the overhaul of U.S. welfare policy during the mid-1990s on the saving of households at risk of entering welfare. The Temporary...
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Kniesner and Ziliak determine how progressive taxation of both wage and capital incomes affects the lifetime supply of labor.
Persistent link: https://www.econbiz.de/10010949297
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...
Persistent link: https://www.econbiz.de/10011010023
In this chapter I provide a brief history of the TANF program, including changes made as part of the 2005 Deficit Reduction Act. I then present a variety of program statistics, including trends in aggregate and state-level caseloads and spending, along with changes in the demographic composition...
Persistent link: https://www.econbiz.de/10011271423
The authors use unique panel data on American Economic Association members to test for gender differences in promotion in a profession with a well-defined promotion and job hierarchy and in which men and women exhibit similar labor-market attachment. The results suggest that over the period from...
Persistent link: https://www.econbiz.de/10011261426