Using data from the 1982 Panel Study of Income Dynamics, the authors investigate the relationship between wages and the risk of work-related death or non-fatal injury. Including industry-level variables and using alternative risk measures dramatically affects measured wage compensation. The...

The difference-in-differences (DID) approach that identifies the capitalization of amenities through changes in housing prices has been widely used in the literature of hedonic estimation in the past decade. However, concerns have been raised about how to interpret the estimated capitalization...

It is common in empirical research to use what appear to be sensible rules of thumb for cleaning data. Measurement error is often the justification for removing (trimming) or recoding (winsorizing) observations whose values lie outside a specified range. This paper considers identification in a...