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Estimating Educational Attainment and Earning Capacity of a Minor Child

  • Lawrence M. Spizman
Chapter

Abstract

Estimating the earning capacity of an injured minor child or newborn raises a variety of economic issues not applicable in a typical adult injury case. A minor child case is more complicated because the child does not have an earnings record or may be too young to have acquired an educational level that will influence future earnings. The purpose of this chapter is to provide a methodology to estimate the probability of a child obtaining each educational level and the corresponding earning capacity associated with each educational level. An ordered probit model is used to estimate the probability of attaining a given educational level based on demographic and familial characteristics.

Keywords

Educational Level Educational Attainment American Community Survey Future Earning Order Probit Model 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© The Author(s) 2016

Authors and Affiliations

  • Lawrence M. Spizman
    • 1
  1. 1.State University of New York at OswegoOswegoUSA

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