Full Citation
Title: The Economics of Human Life Value Estimates: The Income Distribution Project
Citation Type: Journal Article
Publication Year: 2009
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Abstract: This paper introduces the Income Distribution Project, a free-for-use Internet site created to aid financial service professionals in making initial decisions regarding the appropriate approach in generating estimates of future earnings for an individual. Depending on the occupation and the earnings profile of the subject and its relationship to his/her occupational peers, the necessary analytic rigor may vary significantly in generating valid and defensible estimates. However, without first committing to a relatively elaborate analysis, which comes with attendant costs, a professional often cannot know whether a simpler, cheaper analysis would have sufficed. The information included at the Income Distribution Project provides professionals with a means to answer this question prior to a significant commitment of resources.
User Submitted?: No
Authors: Pope, Nat
Periodical (Full): Journal of Financial Service Professionals
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Pages: 5
Data Collections: IPUMS USA
Topics: Other
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