The current study uses a large British panel data set to examine the impact of disability, and the speed and extent of adaptation to disability, in seven domain satisfactions. Results show that the onset of a severe disability has the most detrimental impact on health, income, and social life in...

We use linked data for 1,460 workplaces and 19,853 employees from the Workplace Employee Relations Survey 1998 to analyse the incidence and duration of employee training in Britain. We find training to be positively associated with having a recognised vocational qualification and current union...

This paper propses a contingent claims model to value a firm's debt and equity as functions of observable book values appearing in published financial statements. Equity fair value critically depends on expected earnings, equity book value and earnings volatility, because of the options to...