[PDF] Top 20 A meta-analysis of wage-risk estimates of the value of a statistical life

... of risk endogenous in their estimation of the VOSL is, as expected positively ...of risk is important. If we base our estimates of VOSL on the compensating differentials paid to workers in risky jobs ... See full document

... Keywords: Value of a statistical life, meta-analysis, mixed effects regression model, hedonic wage method, risk Résumé: La valeur statistique d’une vie humaine (VSV) est ... See full document

... of statistical life than do developed ...on risk preferences and variations in labor market ...The value of a statistical life should increase with per capita ...the value ... See full document

... Empirical estimates using VSL have a median value of $7 million (in year 2000 dollars) based on my meta-analysis with Professor Joseph ...The risk data used in these studies has also ... See full document

... precise estimates are ...imprecise estimates are ...US estimates are used and 3.48 (t=4.39) when only non-US estimates are ...hedonic wage-risk estimates to partial ... See full document

... - meta-analysis, finding that the income elasticity of VSL is in the range ...whether estimates of individuals’ behavior in risky situations are consistent across ...similar risk-taking ... See full document

... on-the-job risk exposure, risk-money tradeoffs, and price-risk (price-safety) tradeoffs 13 ...hedonic wage or price models that, controlled by productivity and quality components of the job, ... See full document

... key risk benefits information based on the VSLs estimated by both EPA and Viscusi and Aldy ...mortality risk estimates—base estimates based on a long-term exposure assumption and alternative ... See full document

... the value of a statistical life (VSL) for OHCA ...reduced risk of dying from ...VSL estimates from the transport ...VSL value from the transport sector (SEK 22 million) in ... See full document

... unbiased estimates of the value of a statistical life (VSL) with labor market ...of wage and risk between different ...the wage-risk tradeoff not only by means of ... See full document

... Benefit-cost analysis is sometimes presented as a possible “corrector” for inconsistencies in risk ...insulate risk policies from too much ambiguity aversion (Viscusi, 1998; Sunstein, ...benefit-cost ... See full document

... VSL estimates as defined in equation (5) are sensitive to the scales of the risk reduction proposed in CV ...WTP estimates are found not proportional to the level of risk ...mortality ... See full document

... fatality risk data that are based on industry averages or industry-occupation averages rather than age- specific values, causing potential biases, where the magni- tude of the bias varies with ...the ... See full document

... compensating wage differentials have a more difficult time getting ...a meta-regression model of the logarithm of the reported t-value and the log of the square root of its sample ...(1999) ... See full document

... totic Value-at-Risk (for estimating  we refer to [4] and ...extreme value calculations (it blows up the Value- at-Risk of aggregate dependent random variables by a factor larger than 1 ... See full document

... investment risk, and in- vestigates the VaRs of stock in Shenzhen market under different confidence level ...formed risk control scheme is acceptable by constructing a layered framework of risk ... See full document

... portfolio risk, we cannot decide per se whether the number of VaR-exceedances is still acceptable or ...parameter estimates are rejected while the model based on the nonparametric LTD estimates ... See full document

... VaR estimates of the daily return of the S&P 500, DJIA, FTSE and Nikkei index, obtained by combining density forecasts with weights based on the csl scoring rule of (4), the log scoring rule of (1) or equal ... See full document

... understanding wage dynamics, including Yamaguchi (2010), Postel-Vinay and Turon (2010), Bagger, Fontaine, Postel-Vinay, and Robin (2014) and Lise, Meghir, and Robin ...the wage dynamics implied by the ... See full document

... Following the presence of multicollinearity in the data, we transformed the data using the First Difference Method. The results of the Ordinary Least Square Regression after transformation show that multicollinearity was ... See full document