TY  - RPRT
        AU  - Kuhn, Andreas
AU  - Ruf, Oliver
        TI  - The Value of a Statistical Injury: New Evidence from the Swiss Labor Market
        PY  - 2009/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 4409
        UR  - https://www.iza.org/index.php/publications/dp4409
        AB  - 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.
        KW  - risk measurement
KW  - value of a statistical injury
KW  - compensating wage differentials
        ER  -