Kellogg, Maxwell - 2022 - Draft: February 17, 2022
This paper uses a life cycle model to study the welfare implications of reforms to U.S. Disability Insurance (DI) while … accounting for household self-insurance. In addition to crowding out the insurance value of DI, household self-insurance may … welfare effects of DI expansions. Household self-insurance crowds out the value of DI expansions, but abstracting away from …