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Title: Drug Use and the Value of Life
Resulting in 1 citation.
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Gill, Andrew Matthew |
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Drug Use and the Value of Life Working Paper, College of Business and Economics, California State University, Fullerton, May 1993 Cohort(s): NLSY79 Publisher: Columbia University Press Keyword(s): Cigarette Use (see Smoking); Drug Use; Heterogeneity; Wage Differentials Permission to reprint the abstract has not been received from the publisher. The purpose of this paper is to investigate the relationship between illicit drug use and compensating wage differentials for risk of job-related death. The motivation for this paper proposes the following three conditions: 1. Heterogeneity in individual willingness to bear job risks. 2. Correlation between drug use and willingness to bear job risks helps to identify this heterogeneity. 3. Hersch and Viscusi (1990) found that cigarette smokers and nonseatbelt wearers received lower compensating differentials for risk of nonfatal lost workday injuries than nonsmokers and seatbelt wearers. The findings are discussed and tend to support the above conditions. |
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Bibliography Citation
Gill, Andrew Matthew. "Drug Use and the Value of Life." Working Paper, College of Business and Economics, California State University, Fullerton, May 1993. |