Hintermann, Beat; Alberini, Anna; Markandya, Anil - In: Applied Economics 42 (2010) 9, pp. 1085-1100
We use a panel dataset of UK workers, combined with risk data at the four-digit industry level, to look for evidence of compensating wage differentials for workplace risk. We discuss various econometric problems associated with the hedonic wage approach, namely the instability of the estimates...