Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29104 |
来源ID | Working Paper 29104 |
The Heterogeneous Value of a Statistical Life: Evidence from U.S. Army Reenlistment Decisions | |
Kyle Greenberg; Michael Greenstone; Stephen P. Ryan; Michael Yankovich | |
发表日期 | 2021-08-02 |
出版年 | 2021 |
语种 | 英语 |
摘要 | We estimate the value of a statistical life (VSL), or the willingness to trade-off wealth and mortality risk, among 430,000 U.S. Army soldiers choosing whether to reenlist from 2002-2010. Using a discrete choice random utility approach and significant variation in retention bonuses and mortality risk, we recover average VSL estimates between $500,000 and $900,000, an order of magnitude smaller than U.S. civilian labor market estimates. We then document substantial heterogeneity by recovering indifference curves between wealth and mortality risk. The VSL increases with mortality risk within type, and soldiers in combat occupations have lower VSLs than those in noncombat occupations. |
主题 | Labor Economics ; Demography and Aging ; Labor Compensation ; Labor Market Structures |
URL | https://www.nber.org/papers/w29104 |
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/586778 |
推荐引用方式 GB/T 7714 | Kyle Greenberg,Michael Greenstone,Stephen P. Ryan,et al. The Heterogeneous Value of a Statistical Life: Evidence from U.S. Army Reenlistment Decisions. 2021. |
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 | ||
w29104.pdf(908KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。