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We present the first causal estimates of the effect of Social Security Disability Insurance benefit receipt on labor supply using all program applicants. We use administrative data to match applications to disability examiners and exploit variation in examiners' allowance rates as an instrument...
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shifted responsibility for retirement security to individuals. A significant subset of the population is unlikely to be able … to sustain their standard of living in retirement without higher pre-retirement saving. …
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Using a local randomized experiment that arises from a sharp discontinuity in Disability Insurance (DI) policy in Norway, we provide transparent and credible identification of how financial incentives induce DI recipients to return to work. We find that many DI recipients have considerable...
Persistent link: https://www.econbiz.de/10010736779
The aging of the US population undoubtedly will be associated with macroeconomic changes. In particular, some combination of lower consumption growth and increased labor input will ultimately be required. But, the timing of these changes can have important effects on variables like the rate of...
Persistent link: https://www.econbiz.de/10010773967
Mortality gradients by education and income have been rising in the United States and elsewhere. However, their impact on Social Security progressivity has received relatively little attention, and the impact on Medicare has received effectively none. This paper uses the Future Elderly Model to...
Persistent link: https://www.econbiz.de/10010773971
. Health of the elderly has greatly improved, but disability stagnated after 2000. Retirement age reversed its decline in the … retirement savings and face additional risks including uncertainty about both public and private pensions and health insurance …
Persistent link: https://www.econbiz.de/10010773980
Immigrants residing among many coethnics are especially likely to receive SSI for a disability when they belong to high SSI take-up immigrant groups. After showing that this relationship cannot be fully explained by differences in health, we consider the likely sources of these network effects...
Persistent link: https://www.econbiz.de/10010659333