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UID:13992-1652184000-1652187600@www.bse.u-bordeaux.fr
SUMMARY:Séminaire d’Économie : Susana Ferreira\, University of Georgia
DESCRIPTION:Agenda > Tous les événements\nSéminaire d’économie de Bordeaux\n\nSusana Ferreira\n \n (Department of Agricultural and Applied Economics\, University of Georgia –\nVisiting Professor\, Department of Economics\, Universidad Pública de Navarra\nResearch Fellow\, IZA)\n \nMeasuring job risks when hedonic wage models do not do the job \nAbstract  \nHedonic wage regressions show little evidence that European workers are compensated for job risks and other workplace disamenities through higher wages. On the other hand\, workers in more risky or unpleasant jobs are less satisfied with their jobs\, ceteris paribus. If labor markets were perfectly competitive and workers fully informed of their working conditions ex ante\, according to the theory of compensating differentials\, there should be no relationship between on-the-job risk and job satisfaction because wages would fully adjust to compensate for differences in job disamenities. Our findings are thus consistent with the fact that in the presence of search costs and other labor market imperfections\, hedonic wage regressions will yield biased estimates of the willingness to pay to reduce on-the-job risks. We explore the potential of job satisfaction regressions that estimate the tradeoff between wages and risks that keep job satisfaction constant as an alternative approach.  \n\n \n 
URL:https://www.bse.u-bordeaux.fr/agenda/seminaire-deconomie-susana-ferreira-university-of-georgia/
LOCATION:BxSE\, salle de séminaire H2-116\, bât.H\, campus Pessac\, avenue Leon Duguit\, Pessac\, 33600
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