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I am a professor of statistics and political science at Columbia University and author of Bayesian Data Analysis (with John Carlin, Hal Stern, and Donald Rubin), Teaching Statistics: A Bag of Tricks (with Deborah Nolan), Data Analysis Using Regression and Multilevel/Hierarchical Models (with Jennifer Hill), and, most recently, Red State, Blue State, Rich State, Poor State: Why Americans Vote the Way They Do (with David Park, Boris Shor, Joe Bafumi, and Jeronimo Cortina).

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« Recently at the Mother Blog | Main | Understanding the 'Russian Mortality Paradox' in Central Asia: Evidence from Kyrgyzstan »

Lumberjacks as a counterexample to the idea of a "risk premium"

Posted on: November 6, 2009 9:37 AM, by Andrew Gelman

Frank Benford pointed me to this news article listing Statistician as the third best job in America. The article came out in January, so I assume this has already been spread and debunked many times by now.

What really interested me, though, was seeing Lumberjack in the last position. I remember thinking about lumberjacks when reading the work of Peter Dorman, who discussed the fact that, contrary to the usual theory of the "risk premium," risky jobs typically pay less than safe jobs. Lumberjack is about the riskiest job there is, and it doesn't pay well. (I discuss the topic a bit in our recent book, A Quantitative Tour of the Social Sciences.)

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Comments

1

Cowboy pays bad, too.

Posted by: Steve Sailer | November 6, 2009 9:21 PM

2

Sort of related. This was on CNN's website a little while ago: "Top-paying jobs". (It's a top 10 list.)

(Mine is even on the list.)

Posted by: Charles Iliya Krempeaux | November 8, 2009 12:49 AM

3

One thing that makes lumberjack a low paid job is that it's seasonal to some extent. Fortunately, the job and the equipment used is a lot safer than it was 50+ years ago when I was growing up in a sawmill/logging camp.

The one that surprised me was parole officer at #14.

Posted by: Donna B. | November 9, 2009 4:27 AM

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