Browsing Law School by Author "Kniesner, Thomas J."

Now showing items 1-3 of 3

    • Policy Relevant Heterogeneity in the Value of Statistical Life: New Evidence from Panel Data Quantile Regressions 
      Viscusi, W. Kip; Kniesner, Thomas J.; Ziliak, James Patrick (Journal of Risk and Uncertaintyhttp://www.springer.com/economics/economic+theory/journal/11166, 2010)
      We examine differences in the value of statistical life (VSL) across potential wage levels in panel data using quantile regressions with intercept heterogeneity. Latent heterogeneity is econometrically important and affects ...
    • The Value of a Statistical Life: Evidence from Panel Data 
      Viscusi, W. Kip; Kniesner, Thomas J.; Woock, Christopher, 1979-; Ziliak, James Patrick (Review of Economics and Statistics, 2012)
      This article addresses fundamental long-standing concerns in the compensating wage differentials literature and its public policy implications: the econometric properties of estimates of the value of statistical life (VSL) ...
    • Value of a Statistical Life: Relative Position vs. Relative Age 
      Viscusi, W. Kip; Kniesner, Thomas J. (American Economic Review, 2005)
      This paper examines the influence on estimates of the value of statistical life (VSL) of the worker's relative position in the wage distribution and relative position in the life cycle. Whereas past work on relative position ...