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Overview | How to Manage | Sources | Definitions
 
Overview
The Present Value of Future Earnings (PVFE) measures the human capital loss resulting from premature deaths from smoking. The PVFE edit page allows one the ability to change the PVFE data used in the Adult SAMMEC productivity losses computations. 

Each time you change or edit default data, a custom set of data is created and maintained for future reference. 

 
How to Manage:
1. Select United States or other data from the drop down menu and click the Select button.
Editing the Data:
2. If you selected default data, click the Copy button.
3. Enter alternative PVFE data by sex and age category.
4. Enter a Name and Description for the alternative data.
5. Click the Save button to apply the changes to the selected data, or click Save As to save the changes as a new data set.
Deleting the Data:
6. (Optional) To delete custom data, select the data from the drop down menu and click Delete.
 
Sources
Adult SAMMEC uses updated age-specific PVFE estimates from Haddix et al., 2003.
 
Definitions
Present Value of Future Earnings (PVFE) The dollar value of the sum of a stream of expected future earnings from work that has been discounted to the present value in order to account for the impact of the time value of money.

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