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Compensating Wage Differentials for Fatal and Nonfatal Injury Risk by Gender and Race

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Author Info
Leeth, John D
Ruser, John

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Abstract

Our research examines risk compensation by gender and race using occupation, gender, and race specific fatal and nonfatal injury rates and a data set sufficiently large to produce accurate estimates across fairly narrow groups. The data provide strong evidence that men earn compensating differentials for both fatal and nonfatal injury risk and women earn compensating differentials for nonfatal injury risk. Female wage premiums for nonfatal injury risk exceed male wage premiums by a factor of more than three. Nonfatal injury risk compensation is widespread among the various demographic groups although largest for white women. Fatal injury risk compensation is more isolated with only white and Hispanic males earning significantly higher pay for greater amounts of fatal injury risk. Copyright 2003 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Journal of Risk and Uncertainty.

Volume (Year): 27 (2003)
Issue (Month): 3 (December)
Pages: 257-77
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Handle: RePEc:kap:jrisku:v:27:y:2003:i:3:p:257-77

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Web page: http://www.springerlink.com/link.asp?id=100299

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  1. Joseph E. Aldy & W. Kip Viscusi, 2004. "Age Variations in Workers' Value of Statistical Life," NBER Working Papers 10199, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  2. Viscusi, W. Kip & Aldy, Joseph, 2006. "Labor Market Estimates of the Senior Discount for the Value of Statistical Life," Discussion Papers dp-06-12, Resources For the Future. [Downloadable!]
    Other versions:
  3. Rachel Griffith & Lars Nesheim, 2008. "Household willingness to pay for organic products," CeMMAP working papers CWP18/08, Centre for Microdata Methods and Practice, Institute for Fiscal Studies. [Downloadable!]
    Other versions:
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This page was last updated on 2008-12-16.


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