Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/67738
Authors: 
Hartwick, John
Year of Publication: 
2009
Series/Report no.: 
Queen's Economics Department Working Paper 1199
Abstract: 
We find that a discount rate of 3.8% allows us to derive the schedule of value of life years in Murphy and Topel [2006] from their schedule of value of remaining years of life, this latter presumably being based on a value of statistical life of $6.3 million. We draw on the Makeham function for life expectancy in our calculation.
Subjects: 
value of life
discount rate
life expectancy
JEL: 
I10
J17
Document Type: 
Working Paper

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