COMPENSATING WAGE DIFFERENTIALS FOR WORKERS WITH HETEROGENEOUS PREFERENCES: EVIDENCES FOR BRAZIL

This paper studies how heterogeneous preferences for risky jobs, capturedby smoking, are related to the trade-off involving wage-risk relationship. To reach thisgoal, the theoretical model developed by Viscusi e Hersch (2001) is tested for the Brazilian case from the data of the Special Smoking Surv...

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Detalhes bibliográficos
Autores: Almeida, Alessio Tony Cavalcanti, Araújo Júnior, Ignácio Tavares
Formato: artículo
Estado:Versión publicada
Fecha de publicación:2021
País:Brasil
Recursos:Universidade Federal do Rio Grande do Sul (UFRGS)
Repositorio:Análise Econômica (Online)
Idioma:portugués
OAI Identifier:oai:seer.ufrgs.br:article/90905
Acesso em linha:https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/90905
Access Level:acceso abierto
Palavra-chave:Preferências de risco. Tabagismo. Acidentes do trabalho
I12
J24
risk preferences
smoking
job injuries
Descrição
Resumo:This paper studies how heterogeneous preferences for risky jobs, capturedby smoking, are related to the trade-off involving wage-risk relationship. To reach thisgoal, the theoretical model developed by Viscusi e Hersch (2001) is tested for the Brazilian case from the data of the Special Smoking Survey (PETab) included in the NationalSurvey by Household Sample (PNAD) 2008 (IBGE, 2009) and Yearbook Statistics ofJob Injuries (AEAT) 2008 (MPS, 2009). Estimates are made by empirical models conditioned for the mean and quantile controling for problems of sample selection bias andendogeneity. The results show that smokers receive a lower risk premium than nonsmokers in economic activities with higher incidence of nonfatal occupational injuries.According to these estimates, the value of a statistical injury (VSI) per year is, on average, for non-smokers approximately R$ 6,200 per injury and R$ 3,900 for smokers, with differences also in the other quantiles of the conditional wage distribution.