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heterogeneity leading to a set of wages. We focus on the application where hedonic models have been most successful at clarifying … policy relevant outcomes and policy effects, that of the wage premia for fatal injury risk. Estimates of the overall hedonic … dimensions of heterogeneity in VSL, including by age and consumption plans, the latent trait that affects wages and job safety …
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that immigrants are concentrated in high risk jobs for which they receive little wage compensation. Compared to native U ….S. workers, non-Mexican immigrants are not at higher risk and have substantial values of statistical life. However, Mexican …
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disamenities receive higher wages. On the other hand, workers in more risky or unpleasant jobs are less satisfied with their jobs …, 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 …
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risk of fatal hazards is fraught with problems. The theoretical basis for such estimates are flawed in a number of …
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compensating wage differential for job safety risk revealed in the labor market via hedonic equilibrium outcomes. The decisions in …
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