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Age Variations in Workers' Value of Statistical Life

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NBER2004-01-01 更新2025-01-04 收录
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This paper develops a life-cycle model in which workers choose both consumption levels and job fatality risks, implying that the effect of age on the value of life is ambiguous. The empirical analysis of this relationship uses novel, age-dependent fatal and nonfatal risk variables. Workers' value of

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2004-01-01
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