Workers' compensation is one of the few State-administered income-maintenance programs operating throughout the United States. The national "system" to provide benefits for work-caused disability and death actually consists of 50 independent State operations and several special Federal programs. The Social Security Administration developed and continues to improve basic statistics to measure tr...

We extend the Barth, Cram, and Nelson (2001) model with disaggregated accruals by investigating whether cash flow components (core and non-core cash flows) improve cash flow predictability. BCN investigate the role of accrual components in predicting future cash flows while this study extends their study by investigating the role of cash flow components. We propose a cash flow prediction model ...

Using confidential linked firm-level trade transactions and census data between 1997 and 2012, we provide new evidence on how American firms without foreign affiliates adjust employment and wages in response to import competition from low-income countries. We provide stylized facts on the input sourcing strategies of these domestic firms, with an emphasis on how their importing behavior differs...

OBJECTIVES This study aims to investigate the relationship between the total injury experience rate and socioeconomic status based on the fourth Korea National Health and Nutrition Examination Survey (KNHANES). METHODS By analyzing data from the fourth KNHANES conducted from 2007 to 2009, we estimated the injury experience rate according to socioeconomic status, including the occupational cha...

The past 30 years have seen the development of nntionwide social insurance prog’rams and supplementary private plans protecting workers and their families against the hazards resulting from w~wpZoy~~lent, long-term disability, old-age, and death. No nationwide program, however, offers protection against the risk of income 7oss resulting from nonoccupational skort-terqn sickness. Workers in four...

Access to safe surgery should be considered as part of the basic human right for health, but unfortunately, this ideal is far from being reached in many low-income countries. Pulse oximetry is recommended as a minimum standard of monitoring by all anesthesia organizations that have set standards, yet around 78,000 operating theaters worldwide lack this essential monitor. The WHO Safe Surgery Sa...

The perpetuation of a family’s position in the distribution of income from parents to children reflects the genetic and cultural transmission of individual traits, as well as the inheritance of group memberships and income-earning assets. We show that the extent of intergenerational economic status transmission is considerably greater than was thought to be the case a generation ago, the geneti...

Using a database of more than 8,000 companies from 35 countries, we find that the value of corporate diversification is negatively related to the level of capital market development. Among high-income countries, where capital markets are well developed, we find a significant diversification discount. By contrast, for the lower income countries, we find that there is either no diversification di...

BACKGROUND Academic partnerships between high- and low/middle-income countries can improve the quality of surgical education and health care delivery in each setting. We report the perceived needs related to collaborative surgical education in a resource-limited setting. METHODS We used qualitative methods to elicit the opinions of surgical faculty members and surgical residents and quantitat...

Residential natural gas customers in the United States face volumetric charges that average about 30 percent more than the marginal cost of gas. This inefficient departure from marginal cost pricing allows gas utilities to cover their fixed infrastructure and operating costs. Proposals for recovering these costs instead through fixed monthly fees are often opposed because of a widespread belief...