Arbeitspapier

The value of a statistical injury: new evidence from the Swiss labor market

We study the monetary compensation for non-fatal accident risk in Switzerland using the number of accidents within cells defined over industry x skill-level of the job and capitalizing on the partial panel structure of our data which allows us to empirically isolate the wage component specific to the employer. Our results show that using accident risk at a lower level of aggregation, using narrower samples of workers, and using the wage component that is specific to the firm all yield higher estimates of risk compensation. Our preferred estimate gives an estimate of about 36,000 Swiss francs per prevented injury per year.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 4409

Classification
Wirtschaft
Value of Life; Forgone Income
Safety; Job Satisfaction; Related Public Policy
Wage Level and Structure; Wage Differentials
Subject
Compensating wage differentials
value of a statistical injury
risk measurement
Gesundheit
Messung
Wert des Lebens
Lohnstruktur
Arbeitsproduktivität
Schweiz

Event
Geistige Schöpfung
(who)
Kuhn, Andreas
Ruf, Oliver
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2009

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Kuhn, Andreas
  • Ruf, Oliver
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2009

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