Description: Abstract: This article analyzes the relationship between real interest rates and real growth rates in wages. The stationary of these time series has been discussed in the literature. However, since the net discount ratio, (1 + gτ)/(1 + rτ), is a nonlinear transformation, it is not necessarily stationary even if the interest rate and growth rate in wages series are each stationary. On the other hand, the net discount ratio may be stationary even if the interest rate and growth rate series are both non-stationary. The significant finding of this article is that this ratio is stationary. This conclusion appears robust since it holds for at least four different Treasury securities analyzed: three month, six month, one year, and three year. Therefore, a real net discount ratio, (1 + gτ)/(1 + rτ), can be used with confidence in constructing present value forecasts of expected earnings.

Description: This article discusses calculating changes in worklife expectancies and lost earnings in personal injury cases. Abstract: This paper utilizes the Bureau of Labor Statistics (BLS) new worklife tables' information on workforce participation probabilities to estimate the effect of an injury on a worker's life expectancy, worklife expectancy and discounted expected income. After a medical opinion has been obtained concerning the effect of an injury on a worker's probabilities of living and remaining active, the BLS's probability figures can be adjusted and incorporated into a Markov process to estimate the impact of the injury. It is shown that Alter and Becker's technique can be adapted to estimate the present value of the lost expected income.

Description: This presentation discusses research on the economic and environmental benefits of a renewable energy industry in developing countries. In this presentation, Nepal is used as a case study for the potential benefits of a renewable industry.

Description: This poster discusses research on the complexity of income tax. This analysis looks at how the government and private industry compensates for the complicated tax code by providing services such as preparation. In addition, this analysis looks at the possibility of increased revenues and compliance from a simpler federal tax system, and the potential causal relationship between a complicated federal income tax system and problems with filing. The authors argues that many of the negative complications of the federal income tax structure are causally related to the complexity of the system itself.

Description: This poster discusses research on the market structure of United States Agribusiness. The term Agribusiness is applied to agriculture in the U.S. because firms in the food industry to be corporate and large, a feature unique to the U.S. This tendency has led to fewer firms in the market, especially over the last century (Allen & Abala, 2007). Around fifty years ago, issues regarding food began to gain momentum with a part of the population. The people involved had noticed issues with the American diet and their concerns have since expanded. The purpose of this inquiry is to establish the merits of the Food Movement's objections to the changes in U.S. Agriculture.