Worklife Expectancy Tables: They Should not be Used to Compute Wage Loss in Injury and Death Cases
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Author
Baker, Gary
Clevenger, Thomas
Walker, Rosemary
Publisher
Washburn University. School of Business
Sponsor
Kaw Valley Bank
Issue Date
February 2004
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Abstract
Worklife expectancy tables are tools that can be used to estimate macroeconomic needs. That is, worklife tables assist in estimating what needs the government may have in worker's compensation cases. However, worklife does not have a place in the courtroom where economists are attempting to estimate the present value of a future income stream.