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Journal of Forensic Economics最新文献

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Evolving Labor Market Transition Probabilities and Their Impact on Worklife Estimates 不断变化的劳动力市场过渡概率及其对工作寿命估计的影响
Journal of Forensic Economics Pub Date : 2014-04-01 DOI: 10.5085/JFE.25.1.25
M. Cushing, D. Rosenbaum
{"title":"Evolving Labor Market Transition Probabilities and Their Impact on Worklife Estimates","authors":"M. Cushing, D. Rosenbaum","doi":"10.5085/JFE.25.1.25","DOIUrl":"https://doi.org/10.5085/JFE.25.1.25","url":null,"abstract":"A panel of age-specific transition probabilities is developed for the three-decade period 1980 to 2010. Analysis shows that both male and female transition probabilities have evolved over the 30-year span. The transition probabilities are used to calculate both period and cohort worklives. The results differ starkly for men and women. For men, worklives are most affected for those with little education. For women, obtaining a college degree has the most impact on worklives. The results suggest that using historical period worklives may have mis-estimated worklives for these two groups relative to cohort estimates.","PeriodicalId":265321,"journal":{"name":"Journal of Forensic Economics","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130406061","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Educational Attainment Model for a Minor Child: The Next Generation 未成年儿童的教育成就模式:下一代
Journal of Forensic Economics Pub Date : 2013-10-01 DOI: 10.5085/JFE.24.2.175
J. Kane, Lawrence M. Spizman, Don Donelson
{"title":"Educational Attainment Model for a Minor Child: The Next Generation","authors":"J. Kane, Lawrence M. Spizman, Don Donelson","doi":"10.5085/JFE.24.2.175","DOIUrl":"https://doi.org/10.5085/JFE.24.2.175","url":null,"abstract":"An ordered probit educational attainment model, used to predict the lost earning capacity of a wrongfully injured minor child, was created by Spizman and Kane (1992) and updated by Kane and Spizman (2001). This paper re-estimates the educational attainment model using the latest round of interviews from the National Longitudinal Survey of Youth-1997. The model specification has been updated to reflect recent findings on the determinants of educational attainment. We also examine the legal framework in which econometric techniques have been accepted and have become standard tools in litigation.","PeriodicalId":265321,"journal":{"name":"Journal of Forensic Economics","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129821908","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Valuing Non-Wage Compensation of Private Sector Labor Union Workers in the Construction Trades 评估建筑业私营部门工会工人的非工资补偿
Journal of Forensic Economics Pub Date : 2013-10-01 DOI: 10.5085/JFE.24.2.205
Frank D. Tinari, K. Betz
{"title":"Valuing Non-Wage Compensation of Private Sector Labor Union Workers in the Construction Trades","authors":"Frank D. Tinari, K. Betz","doi":"10.5085/JFE.24.2.205","DOIUrl":"https://doi.org/10.5085/JFE.24.2.205","url":null,"abstract":"This article presents procedures for calculating the value of non-wage compensation for members of private sector labor unions in the construction industry and cites examples using various collective bargaining agreements. Four major fringe benefit categories are analyzed: welfare, annuity, vacation, and pension funds. When calculating the loss to a private sector union worker it is necessary to obtain not only the relevant collective bargaining agreements but also information regarding both actual earnings and the number of hours worked. If both cannot be obtained, problems in valuing retirement and other fringe benefit funds arise. In some cases, the union member may work for several different employers during any given year, thus receiving many W-2s, but all hours worked would be recorded through the union. To value employer contributions to annuity and vacation funds a determination needs to be made if the contributions take into account premium pay union workers may receive. To value lost medical insurance, the replacement cost of a comparable medical insurance policy should be used. For lost pension benefits, it is important to establish the typical number of hours per annum that would most likely have been worked but for the injury. In addition, if the history of that union's pension benefit reveals increases over time, then that pattern may need to be considered as a basis for determining the future value of the pension benefit. Valuation of each private sector union benefit, therefore, is not simply a matter of referring to the value of the hourly contribution by the employer but requires its own method appropriate to the nature of the benefit as specified in the union's collective bargaining agreement.","PeriodicalId":265321,"journal":{"name":"Journal of Forensic Economics","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117022820","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Potential Effects of the Affordable Care Act on the Award of Life Care Expenses 《平价医疗法案》对生命护理费用裁决的潜在影响
Journal of Forensic Economics Pub Date : 2013-10-01 DOI: 10.5085/JFE.24.2.153
Joshua M. Congdon-Hohman, Victor A. Matheson
{"title":"Potential Effects of the Affordable Care Act on the Award of Life Care Expenses","authors":"Joshua M. Congdon-Hohman, Victor A. Matheson","doi":"10.5085/JFE.24.2.153","DOIUrl":"https://doi.org/10.5085/JFE.24.2.153","url":null,"abstract":"Plaintiffs in personal injury lawsuits are entitled to compensation for future medical expenses. We argue that the “guaranteed issue” and “individual mandate” requirements of the recently passed Affordable Care Act (ACA) will allow victims to address their health needs through the purchase of a simple health insurance plan rather than direct compensation for an itemized list of health care needs. As such, damage awards for health expenditures should be capped at a maximum of $5,950 per year. Furthermore, the role of a life care planner should evolve into determining which life care expenses are covered under covered by the minimum insurance requirements mandated by the ACA and which entail additional expenditures beyond those covered by health insurance.","PeriodicalId":265321,"journal":{"name":"Journal of Forensic Economics","volume":"79 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132447596","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Assessing Economic Damages in Personal Injury and Wrongful Death Litigation: The State of Colorado
Journal of Forensic Economics Pub Date : 2013-10-01 DOI: 10.5085/JFE.24.2.221
J. Lillydahl, Gilbert L. Mathis
{"title":"Assessing Economic Damages in Personal Injury and Wrongful Death Litigation: The State of Colorado","authors":"J. Lillydahl, Gilbert L. Mathis","doi":"10.5085/JFE.24.2.221","DOIUrl":"https://doi.org/10.5085/JFE.24.2.221","url":null,"abstract":"This article presents the legal framework for the assessment of economic damages in the state of Colorado. Special attention is given to the statutes, case law, and procedural rules that govern the estimation of damages in personal injury and wrongful death actions including medical malpractice and ski accidents. Also included are an overview of the jury instructions and the role of the forensic economic expert in the assessment of economic damages.","PeriodicalId":265321,"journal":{"name":"Journal of Forensic Economics","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128799045","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Total Offset and Medical Net Discount Rates: 1981–2012 总抵消率和医疗净贴现率:1981-2012年
Journal of Forensic Economics Pub Date : 2013-10-01 DOI: 10.5085/JFE.24.2.191
D. Schap, Lauren Guest, A. Kraynak
{"title":"Total Offset and Medical Net Discount Rates: 1981–2012","authors":"D. Schap, Lauren Guest, A. Kraynak","doi":"10.5085/JFE.24.2.191","DOIUrl":"https://doi.org/10.5085/JFE.24.2.191","url":null,"abstract":"Medical net discount rates (MNDRs) are calculated using monthly data for the period 1981:01–2012:06 based on the medical consumer price index and annual percentage yields based on 3-month, 6-month and 1-year U.S. Treasury Securities. Stationarity is tested for each series and the results of time-series analytics through 2000:05 are compared to previously published results (Ewing, Payne and Piette, 2001) that omitted Treasury Securities of shortest duration. The various series are extended to 2012:06 and the time series properties are examined. Although the results are mixed, they are more supportive of total offset (i.e., a zero MNDR) than previously published research findings have been.","PeriodicalId":265321,"journal":{"name":"Journal of Forensic Economics","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121352607","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Can Statements of Ethical Principles and Codes of Practice Make a Difference? The Results of a NAFE Survey 操守原则和业务守则的声明能起作用吗?NAFE调查的结果
Journal of Forensic Economics Pub Date : 2013-04-01 DOI: 10.5085/JFE.24.1.25
J. O. Ward, R. Thornton
{"title":"Can Statements of Ethical Principles and Codes of Practice Make a Difference? The Results of a NAFE Survey","authors":"J. O. Ward, R. Thornton","doi":"10.5085/JFE.24.1.25","DOIUrl":"https://doi.org/10.5085/JFE.24.1.25","url":null,"abstract":"Abstract In September 2011 the authors conducted a survey of the membership of NAFE on their attitudes regarding the NAFE Statement of Ethical Principles and Principles of Professional Practice (SE...","PeriodicalId":265321,"journal":{"name":"Journal of Forensic Economics","volume":"633 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132621437","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
A Comment on “Self-Consumption in Wrongful Death Cases: Decedent or Family Income?” 评析“过失死亡案件中的自我消费:死者还是家庭收入?”
Journal of Forensic Economics Pub Date : 2013-04-01 DOI: 10.5085/JFE.24.1.109
K. Krueger
{"title":"A Comment on “Self-Consumption in Wrongful Death Cases: Decedent or Family Income?”","authors":"K. Krueger","doi":"10.5085/JFE.24.1.109","DOIUrl":"https://doi.org/10.5085/JFE.24.1.109","url":null,"abstract":"In a recent article in the Journal of Forensic Economics, Michael L. Brookshire and Frank L. Slesnick presented their analysis of the husband or wife decedent self-consumption literature. This comment presents two counter-arguments to their self-consumption methodology which renders their preference to the family income approach inconclusive. I first review the Brookshire and Slesnick make-whole damages doctrine and then I discuss the problems with forecasting household income.","PeriodicalId":265321,"journal":{"name":"Journal of Forensic Economics","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133703666","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Professional Economic Ethics: The Posnerian and Naïve Perspectives 职业经济伦理:波斯纳和Naïve视角
Journal of Forensic Economics Pub Date : 2013-04-01 DOI: 10.5085/JFE.24.1.3
G. DeMartino
{"title":"Professional Economic Ethics: The Posnerian and Naïve Perspectives","authors":"G. DeMartino","doi":"10.5085/JFE.24.1.3","DOIUrl":"https://doi.org/10.5085/JFE.24.1.3","url":null,"abstract":"There are two broad ways to think about the nature and purpose of professional economic ethics. The first (The Posnerian View), which comes most readily to mind for economists, is ethical legislation that is intended to prohibit illicit or otherwise inappropriate behavior by the members of a profession. The goal is to prevent bad or weak-willed professionals from doing bad things. In this way of thinking, professional ethics must take the form of a binding code of conduct that spells out the “do's” and “don'ts” of professional practice. A second view, the Naive View, argues that professional ethics is something other than a code of conduct. In this view, professional ethics seeks to enable virtuous practitioners to do good. This view presents an expansive view of professional ethics—as a tradition of careful inquiry into the full range of ethical issues that arise in the context of professional practice. This paper elaborates the central assumptions and claims of these two perspectives on professional ethics, and explores what these two perspectives imply about the content of and prospects for professional economic ethics. The paper criticizes the Posnerian View, advocates the Naive View, and teases out what the latter perspective implies for the economics profession.","PeriodicalId":265321,"journal":{"name":"Journal of Forensic Economics","volume":"79 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126990657","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Personal Consumption and Single Persons: A Reply to Kurt Krueger 个人消费与单身人士:对库尔特·克鲁格的回复
Journal of Forensic Economics Pub Date : 2013-04-01 DOI: 10.5085/JFE.24.1.101
T. Ireland
{"title":"Personal Consumption and Single Persons: A Reply to Kurt Krueger","authors":"T. Ireland","doi":"10.5085/JFE.24.1.101","DOIUrl":"https://doi.org/10.5085/JFE.24.1.101","url":null,"abstract":"In the last issue of the Journal of Forensic Economics, Kurt Krueger responded to my earlier comment on his paper on “Personal Consumption and Single Persons.” In his response, he provided an incorrect characterization of my views. My response clarifies my own position with respect to testimony about personal consumption of single persons.","PeriodicalId":265321,"journal":{"name":"Journal of Forensic Economics","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115290264","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
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