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Several reasons are offered why workers will receive larger compensating wage differentials for increases in the duration of wage losses than for increases in the probability of loss that produce the same expected loss. A formal model of occupational choice is developed that shows the extent to...
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The effects of family income, parents' education, maternal employment, and family composition on the IQ scores of 4- and 7-year-olds are estimated, using a sample of more than 3000 children. The results suggest that childhood cognitive development plays a minor role in the intergenerational...
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<DIV>By the turn of the century, the largest generation of Americans in history, the "Baby Boomers," will be approaching 65 years old. But as the demand for health and long-term care is growing dramatically, health care programs have been shrinking instead of expanding to meet the older generation's...</div>
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