Dr. Jerome S. Paige prepared his first economic loss report in 1984. Continuously since then, he has been providing forensic economic services for plaintiffs and defendants. In 2003, he established Jerome S. Paige & Associates, LLC, an economic, business and organizational consulting firm.
Dr. Paige has prepared reports and provided testimony in civil litigation matters involving personal injury and wrongful death; business damages and loss profits; employment (whistleblowing, wrongful termination, and discrimination); and valuation of life care plans.
He has qualified as an expert witness in state and in federal courts.
Additionally, he has provided expert testimony in matters before state regulatory bodies in the area of insurance, electricity, and telecommunications.
Dr. Paige holds a B.A. degree in economics from Howard University (Washington DC) and a Master’s and a Ph.D. in economics from American University (Washington DC).
His publications include Richard Lockley, Jerome S. Paige, and David G. Tucek. 2017. “Historical Net Discount Rates–An Update Through 2017.” Journal of Legal Economics 25(1-2) September 2019; and Sawney, M., Lockley, R., and Paige, J. “The Relationship Between Growth Rates & Discount Rates in Determining the Value of Economic Damages.” Journal of Applied Business and Economics 13(3) 2017.
His newsletter articles and conference presentations cover a variety of forensic economic topics: the relationship between interest rates and wage rates; enslavement, racial inequality, and making victims whole; the use race, gender, and ethnicity in determining economic damages; projecting earnings losses for workers in the gig economy; the recovery of earnings wages or net profits for independent contractors; and increasing and decreasing to present value (net discount rates.)
He is a member of the National Association of Forensic Economics (At-large Vice President), the National Economic Association, and The American Academy of Economic and Financial Experts