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in the wage distribution and relative position in the life cycle. Whereas past work on relative position effects in the … behavior. To test for the effect of relative wage position, we use two different measures: the individual's wage rank in the … state and the wage rank by gender in the state. Using the CPS coupled with constructed BLS fatality risk measures by …
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This paper reports the stated preference values for reducing the morbidity risks from drinking water estimated using a nationally representative U.S. sample of 3,585 households. Based on the average annual gastrointestinal (GI) illness risk in the U.S. from drinking water of about 5 illnesses...
Persistent link: https://www.econbiz.de/10013114079
This article estimates whether there is a cancer risk premium for the value of a statistical life (VSL) using stated preference valuations of cancer risks for a large, nationally representative U.S. sample. The present value of an expected cancer case that occurs after a one decade latency...
Persistent link: https://www.econbiz.de/10013097411
This paper updates the mortality cost of expenditures. Because changes in income lead to changes in mortality risk, regulatory expenditures costing more per life saved than a threshold cost-per-life saved cutoff level are expected to increase mortality risk. This article discusses the mechanisms...
Persistent link: https://www.econbiz.de/10012834407
This paper updates the cost-per-life-saved cutoff, which is a cost-effectiveness threshold for lifesaving regulations, whereby regulations costing more per life saved than this threshold level are expected to increase mortality risk on net. Two competing methods of deriving the cutoff exist: a...
Persistent link: https://www.econbiz.de/10012942209
This paper updates the cost-per-life-saved cutoff, which is a cost-effectiveness threshold for life- saving regulations, whereby regulations costing more per life saved than this threshold level are expected to increase mortality risk on net. Two competing methods of deriving the cutoff exist: a...
Persistent link: https://www.econbiz.de/10012920555
The worker fatality risk variable constructed for this article uses BLS data on total worker deaths by both occupation and industry over the 1992-97 period rather than death risks by occupation or industry alone, as in past studies. The subsequent estimates using 1997 CPS data indicate a value...
Persistent link: https://www.econbiz.de/10012754281
The worker fatality risk variable constructed for this paper uses BLS data on total worker deaths by both occupation and industry over the 1992-1997 period rather than death risks by occupation or industry alone, as in past studies. The subsequent estimates using 1997 CPS data indicate a value...
Persistent link: https://www.econbiz.de/10014030373