| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w14364 |
| 来源ID | Working Paper 14364 |
| Roy Model Sorting and Non-Random Selection in the Valuation of a Statistical Life | |
| Thomas DeLeire; Christopher Timmins | |
| 发表日期 | 2008-09-25 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | Wage-hedonics is used to recover the value of a statistical life by exploiting the fact that workers choosing riskier occupations will be compensated with a higher wage. However, Roy (1951) suggests that observed wage distributions will be distorted if individuals select into jobs according to idiosyncratic returns. We illustrate how this type of sorting may bias wage-hedonic VSL estimates and describe two estimators that correct for it. Using data from the CPS, we recover VSL estimates that are three to four times larger than those based on the traditional techniques, statistically significant, and robust to a wide array of specifications. |
| 主题 | Labor Economics ; Demography and Aging ; Labor Compensation ; Environmental and Resource Economics ; Environment |
| URL | https://www.nber.org/papers/w14364 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572037 |
| 推荐引用方式 GB/T 7714 | Thomas DeLeire,Christopher Timmins. Roy Model Sorting and Non-Random Selection in the Valuation of a Statistical Life. 2008. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w14364.pdf（327KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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