On the Measurement of Job Risk in Hedonic Wage Models.

B-Tier
Journal: Journal of Risk and Uncertainty
Year: 2003
Volume: 27
Issue: 3
Pages: 205-20

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We examine the incidence, form, and research consequences of measurement error in measures of fatal injury risk in U.S. workplaces using both Bureau of Labor Statistics and National Intitute of Occupational Safety and Health data. Of the various measures examined the NIOSH industry risk measure produces implicit value of life estimates most in line with both economic theory and the mode result for the existing literature. Because we find non-classical measurement error that differs across risk measures and is not independent of other regressors, innovative statistical procedures need be applied to obtain statistically improved estimates of wage-fatality risk tradeoffs. Copyright 2003 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:jrisku:v:27:y:2003:i:3:p:205-20
Journal Field
Theory
Author Count
2
Added to Database
2026-01-24