Browsing Vanderbilt Law School Faculty Works by Subject "Wages"

Now showing items 1-3 of 3

    • The Heterogeneity of the Value of Statistical Life: Introduction and Overview 
      Viscusi, W. Kip (Journal of Risk and Uncertaintyhttp://www.springer.com/economics/economic+theory/journal/11166, 2010)
      The refinement in worker fatality risk data used in hedonic wage studies and evidence from new stated preference studies have facilitated the exploration of the heterogeneity of the value of statistical life (VSL). Although ...
    • Policy Relevant Heterogeneity in the Value of Statistical Life: New Evidence from Panel Data Quantile Regressions 
      Viscusi, W. Kip; Kniesner, Thomas J.; Ziliak, James Patrick (Journal of Risk and Uncertaintyhttp://www.springer.com/economics/economic+theory/journal/11166, 2010)
      We examine differences in the value of statistical life (VSL) across potential wage levels in panel data using quantile regressions with intercept heterogeneity. Latent heterogeneity is econometrically important and affects ...
    • Worker Learning and Compensating Differentials 
      Viscusi, W. Kip; Moore, Michael J., 1953- (Industrial and Labor Relations Review, 1991)
      In the standard compensating wage differential model, workers value their wage and workers' compensation components based on full job risk information. Market forces generate positive wage differentials as ex ante compensation ...