We study the welfare effects of disability insurance (DI) and derive social-optimality conditions for the two main DI policy parameters: (i) DI eligibility rules and (ii) DI benefits. Causal evidence from two DI reforms in Austria generate fiscal multipliers (total over mechanical cost...

We study the aggregate consequences of the Social Security Disability Insurance (DI) program, focusing on the role of complementarity between heterogeneous human capital. First, we develop and estimate a wage process in which individuals' human capital is composed of (pure) labor and experience,...

El objetivo de este documento es analizar la evolución de las jubilaciones por incapacidad en el período 2005-2018, y en particular centrarse en los cambios ocurridos en los últimos años. Se busca comprender esta evolución a la luz de los cambios legales y de procedimientos que tuvieron...

Using new data from the 2014 Survey of Income and Program Participation, I estimate that about 24 million individuals between the ages of 18-66 have applied for Social Security disability benefits at some point in their lives. This population is about evenly divided among those who have ever...

For married couples, spousal labor supply can act as a household insurance mechanism against one spouse's earnings shock. This paper evaluates the insurance value of the Social Security Disability Insurance (SSDI) program among married households when wives face a time allocation problem between...

We study the welfare effects of disability insurance (DI) and derive social-optimality conditions for the two main DI policy parameters: (i) DI eligibility rules and (ii) DI benefits. Causal evidence from two DI reforms in Austria generate fiscal multipliers (total over mechanical cost...

While optimization frictions have been shown to attenuate earnings responses to financial incentives, less is understood about the individual factors shaping the response. The main contribution of this paper is to separately quantify the role of learning the tax and benefit schedule versus other...

We examine how work norms affect Social Security Disability Insurance (SSDI) take-up rates in response to worsening economic conditions. By focusing on immigrants in the US, we can consider the influence of work norms in a person's home country, which we argue are exogenous to labor market...