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New Zealand has a unique accident insurance system that pays the direct costs of all accidental injuries and compensates workers 80% of their earnings for any time post-injury that they are unable to work. Statistics New Zealand's Linked Employer-Employee Database contains monthly information on...
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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 … dimensions of heterogeneity in VSL, including by age and consumption plans, the latent trait that affects wages and job safety …
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