Workplace Safety: Estimating Workers' Marginal Willingness to Pay
2009 (English)Report (Other academic)
The aim of the present paper is to empirically estimate the mon-etary value workers place on safer working conditions. The marginalwillingness to pay for workplace safety is estimated using data onjob durations together with data on accident risks and wages. Theresults indicate that individuals value safety to 0.65-4.1 percent of an-nual wages. Male workers in service occupations are found to have thehighest marginal willingness to pay. Female blue-collar workers arefound to value workplace safety higher than male blue-collar workers.
Place, publisher, year, edition, pages
Umeå: Umeå universitet , 2009. , 26 p.
Umeå economic studies, ISSN 0348-1018 ; 771
Search, Accelerated duration, Wage differentials, Sweden
Research subject Economics
IdentifiersURN: urn:nbn:se:umu:diva-83038OAI: oai:DiVA.org:umu-83038DiVA: diva2:664696