The value of remaining lifetime is close to estimated values of life.
نویسنده
چکیده
Workers under 50 on average will spend 10-20% of their future hours working. So, assuming they value leisure time at the wage rate, the value of their lives is 5-10 times their future lifetime earnings. This value is close to values of life estimated by compensating wage differentials or willingness to pay.
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ورودعنوان ژورنال:
- Journal of health economics
دوره 20 1 شماره
صفحات -
تاریخ انتشار 2001