Schaffner, Sandra; Spengler, Hannes - In: Resource and Energy Economics 32 (2010) 1, pp. 15-27
This paper presents a new approach to obtaining 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, allowing us to control for unobserved heterogeneity of workers, and conventional...