haku: @author Viscusi, W. K. / yhteensä: 11
viite: 1 / 11
« edellinen | seuraava »
| Tekijä: | Viscusi, W. K. Aldy, E. A. |
| Otsikko: | Labor market estimates of the senior discount for the value of statistical life |
| Lehti: | Journal of Environmental Economics and Management
2007 : VOL. 53:3, p.377-392 |
| Asiasana: | risk work |
| Vapaa asiasana: | value of statistical life senior discount compensating differentials |
| Kieli: | eng |
| Tiivistelmä: | This paper develops the first measures of age-industry job risks to examine the age variations in the value of statistical life. Due to the greater risk vulnerability of older workers, they face flatter wage-risk gradients than younger workers, which is shown empirically. Accounting for this heterogeneity in hedonic market equilibria leads to estimates of the value of statistical life-age relationship that follows an inverted U shape. The estimates of the value of statistical life range from $6.4 million for younger workers to a peak of $9.0 million for those aged 35-44, and then a decline to $3.8 million for those aged 55-62. The decline of the estimated value of statistical life with age is consistent with there being some senior discount in the Clear Skies Initiative analysis. |
« edellinen | seuraava »
SCIMA