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Title:The value of a statistical injury: new evidence from the Swiss labor market PDF Logo
Authors:Kuhn, Andreas
Ruf, Oliver
Issue Date:2009
Series/Report no.:IZA Discussion Papers 4409
Abstract: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.
Subjects:Compensating wage differentials
value of a statistical injury
risk measurement
JEL:J17
J28
J31
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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