A note on the estimation of job amenities and labor productivity

Arnaud Dupuy, Alfred Galichon

    Research output: Contribution to journalArticlepeer-review


    This paper introduces a maximum likelihood estimator of the value of job amenities and labor productivity in a single matching market based on the observation of equilibrium matches and wages. The estimation procedure simultaneously fits both the matching patterns and the wage curve. While our estimator is suited for a wide range of assignment problems, we provide an application to the estimation of the Value of a Statistical Life using compensating wage differentials for the risk of fatal injury on the job. Using US data for 2017, we estimate the Value of Statistical Life at $6.3 million ($2017).

    Original languageEnglish (US)
    Pages (from-to)153-177
    Number of pages25
    JournalQuantitative Economics
    Issue number1
    StatePublished - Jan 2022

    ASJC Scopus subject areas

    • Economics and Econometrics


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