Roy Model Sorting and Non-Random Selection in the Valuation of a Statistical Life
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Wage-hedonics is used to recover the value of a statistical life by exploiting the fact that workers choosing riskier occupations will be compensated with a higher wage. However, Roy (1951) suggests that observed wage distributions will be distorted if individuals select into jobs according to
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美国国家经济研究局创建时间:
2008-09-01



