Slide 1 1 Hedonic Wage Function Slide 2 2 Up to this point we have seen a model with only two types of jobs: Prob of injury = 0 jobs and prob of injury = 1 jobs. (the indifference…
Slide 1 Chapter 8: Compensating Wage Differentials Slide 2 Compensating Wage Differentials differences in pay designed to compensate for differences in non-wage job characteristics…
Hedonic Wage Function 1 Hedonic Wage Function 1 2 Up to this point we have seen a model with only two types of jobs: Prob of injury = 0 jobs and prob of injury = 1 jobs.…