Artikel
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. 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 (i.e. more positive) estimates of risk compensation. However, we only find a statistically significant positive compensation for non-fatal accident risk for workers in jobs with the lowest skill-level. Our preferred estimate for this group of workers yields an estimate of about 35,000 Swiss francs per prevented injury per year.
- Language
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Englisch
- Bibliographic citation
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Journal: Swiss Journal of Economics and Statistics ; ISSN: 2235-6282 ; Volume: 149 ; Year: 2013 ; Issue: 1 ; Pages: 57-86 ; Heidelberg: Springer
- Classification
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Wirtschaft
Value of Life; Forgone Income
Safety; Job Satisfaction; Related Public Policy
Wage Level and Structure; Wage Differentials
- Subject
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Compensating wage differentials
value of a statistical injury
risk measurement
- Event
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Geistige Schöpfung
- (who)
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Kuhn, Andreas
Ruf, Oliver
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Heidelberg
- (when)
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2013
- DOI
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doi:10.1007/BF03399381
- Handle
- Last update
-
10.03.2025, 11:44 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.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Kuhn, Andreas
- Ruf, Oliver
- Springer
Time of origin
- 2013
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