On the Measurement of Job Risk in Hedonic Wage Models

By D. Black, Thomas J. Kniesner. 2003

118 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Radiological and Ultrasound Technology, Safety, Risk, Reliability and Quality

View Paper: https://www.semanticscholar.org/paper/3af58e392ae488c0ac83af0a5f04f64cdf795b48

Citations in the corpus

• Response of residential electricity demand to price: The effect of measurement error (2011, unknown): “It can be shown that the covariance between these two mismeasured price variables is the variance of true price (i.e., Var(pit)), and this information can be used to correct the bias of the estimated coefficient on mismeasured price (Black and Kniesner, 2003).”
• The Value of a Statistical Life: Evidence from Panel Data (2012, unknown): “Because measurement error affects estimates of the VSL (Black and Kniesner 2003; Ashenfelter 2006), the between-groups estimator should provide improved estimates of the wage-fatal risk tradeoff over pooled time-series cross-section OLS estimates of equation (1).”
• Valuing Mortality Risk Reductions: Progress and Challenges (2011, unknown): “Black and Kniesner (2003) note that instruments are useful in addressing classical measurement error, but that improved methods are needed to address the non-classical error found in the older hedonic wage studies.”