compensating wage differential for job safety risk revealed in the labor market via hedonic equilibrium outcomes. The decisions in …

We use a panel dataset of UK workers to look for evidence of compensating wage differentials for workplace risk. Risk … changes, and endogeneity. We find that if we assume a classical measurement error, the true risk signal would be completely … drowned out in our data, which would imply a severe downward bias of the OLS coefficient on risk. But this prediction is at …

, according to the theory of compensating differentials, there should be no relationship between on-the-job risk and job …

the latent safety-related skill interpretation. Risk measures with less measurement error raise the value of statistical …

Numerous studies, in particular for the US, have shown that individuals in occupations with high injury risk are … compensated for that risk by corresponding bonus payments. At the same time, male workers are overrepresented in the most … Germany and the US considering fatal occupational injury risk. The Blinder-Oaxaca method for tobit models is used to decompose …

Adam Smith's idea that wage differences reveal preferences for risk rests on firm theoretical foundations. This paper … usually identifies compensating wage differentials for risk by regressing individual wages on aggregate measures of risk …, usually industry or occupation average risk. If jobs differ within industries or occupations, the "aggregate approach" may …

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 …