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Using Job Changes to Evaluate the Bias of the Value of a Statistical Life
Spengler, Hannes; Schaffner, Sandra - 2008
This paper presents a new approach to obtain unbiased estimates of the value of a statistical life (VSL) with labor market data. Investigating job changes, we combine the advantages of recent panel studies, which allow to control for unobserved heterogeneity of workers, and conventional...
Persistent link: https://www.econbiz.de/10014224388
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Racial Differences in Labor Market Values of a Statistical Life
Viscusi, W. Kip - 2012
This article constructs measures of job fatality rates for black and white workers using information on job-related fatalities from 1992-1997. The fatality rates for black employees are somewhat greater than those for whites. Each of these groups receives significant compensating wage...
Persistent link: https://www.econbiz.de/10014030976
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The Value of a Statistical Life : A Critical Review of Market Estimates Throughout the World
Viscusi, W. Kip; Aldy, Joseph E. - 2012
A substantial literature over the past thirty years has evaluated tradeoffs between money and fatality risks. These values in turn serve as estimates of the value of a statistical life. This article reviews more than 60 studies of mortality risk premiums from ten countries and approximately 40...
Persistent link: https://www.econbiz.de/10014095968
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Chapter 7. The Value of Individual and Societal Risks to Life and Health
Kip Viscusi, W. - In: Handbook of the economics of risk and uncertainty : volume 1, (pp. 385-452). 2014
The value of risks to life as measured by the risk-money trade-off plays a fundamental role in economic analyses of health and safety risks and serves as the principal benefit measure for government risk regulation policies. The hedonic models that have been employed to generate empirical...
Persistent link: https://www.econbiz.de/10014025525
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How Unobservable Productivity Biases the Value of a Statistical Life
Kniesner, Thomas J.; Viscusi, W. Kip; Ziliak, James P.; … - 2012
A prominent theoretical controversy in the compensating differentials literature concerns unobservable individual productivity. Competing models yield opposite predictions depending on whether the unobservable productivity is safety-related skill or productivity generally. Using five panel waves...
Persistent link: https://www.econbiz.de/10014027444
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The Value of Life
Viscusi, W. Kip - 2012
The economic approach to valuing risks to life focuses on risk-money tradeoffs for very small risks of death, or the value of statistical life (VSL). These VSL levels will generally exceed the optimal insurance amounts. A substantial literature has estimated the wage-fatality risk tradeoffs,...
Persistent link: https://www.econbiz.de/10014027478
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Life-Cycle Consumption and the Age-Adjusted Value of Life
Kniesner, Thomas J.; Viscusi, W. Kip; Ziliak, James P. - 2012
Our research examines empirically the age pattern of the implicit value of life revealed from workers' differential …
Persistent link: https://www.econbiz.de/10014029014
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Analysing Ambulatory Blood Pressure Monitoring Data with Multivariate Sliced Inverse Regression.
Aragon, Y.; Barthe, P.; Cassadou, C.; Thomas-Agnan, C. - Groupe de Recherche en Économie Mathématique et … - 1996
This paper proposes to use a semi parametric regression method, named Sliced Inverse Regression (SIR hereafter), to analyse ambulatory blood pressure monitoring data.
Persistent link: https://www.econbiz.de/10005780452
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Discrete Choice Estimation of Price-Elasticities: The Benefits of a Flexible Behavioral Model of Health Care Demand.
Dow, W.H. - Economic Growth Center, Economics Department - 1995
Persistent link: https://www.econbiz.de/10005675239
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Need for ICTs Assessment in the Health Sector: A Multidimensional Framework
GOFF-PRONOST, Myriam LE; PICARD, Robert - In: Communications & Strategies 1 (2011) 83, pp. 87-108
anticipate completing. This article presents a universal multi-criteria and multidimensional ICT evaluation model: GEMSA, Grille … d'Evaluation Multidisciplinaire Santé Autonomie [Multidimensional Evaluation Grid for Health and Autonomy]. The medico …-social sector which relies on evaluation procedures to identify needs and determine the means of compensation favourably welcomes …
Persistent link: https://www.econbiz.de/10010602875