Showing 1 - 10 of 36
More than 80 percent of nonelderly U.S. adults are insured against the risk of disabling physical or mental illness by Social Security Disability Insurance (SSDI). This article evaluates the causes of the extraordinary growth in SSDI enrollment, considers its fiscal ramifications, and discusses...
Persistent link: https://www.econbiz.de/10005050071
The federal government announced in its 2012 budget its intention to delay the age of eligibility for Old Age Security and the Guaranteed Income Supplement from 65 to 67 years. By the time the policy is fully implemented (i.e., in 2030), this delay will have increased net revenues of the fedral...
Persistent link: https://www.econbiz.de/10011115738
We analyze the effect of rising Chinese import competition between 1990 and 2007 on local U.S. labor markets, exploiting cross-market variation in import exposure stemming from initial differences in industry specialization while instrumenting for imports using changes in Chinese imports by...
Persistent link: https://www.econbiz.de/10011271448
We consider both theoretically and empirically the effect of unemployment insurance (UI) on precautionary savings behavior. Simulations of a stochastic life cycle model suggest that increasing the generosity of UI will substantially lower the asset holdings of the median worker, and that this...
Persistent link: https://www.econbiz.de/10005720739
Between 1984 and 2000, the share of non-elderly adults receiving benefits from the Social Security Disability Insurance (DI) and Supplemental Security Income (SSI) programs rose from 3.1 to 5.3 percent. We trace this growth to reduced screening stringency and, due to the interaction between...
Persistent link: https://www.econbiz.de/10005828595
We propose simple graphical methods to identify poverty-reducing marginal reforms of transfer programs. The methods are based on Program Dominance curves that display cumulative program benefits weighted by powers of poverty gaps. These curves can be decomposed simply as sums of targeting...
Persistent link: https://www.econbiz.de/10005770804
We propose a general cost-of-inequality approach that jointly integrates horizontal and vertical equity criteria in the assessment of poverty alleviation programs, with the strength of each criterion being captured through its own inequity-aversion parameter. This contrasts with the assessment...
Persistent link: https://www.econbiz.de/10005696270
The paper simulates the redistributive impact of three possible scenarios for the introduction of a basic income (BI, also sometimes called "citizens' income") in Québec. The simulations are revenue neutral at the joint provincial-federal government level. The first scenario assumes that a set...
Persistent link: https://www.econbiz.de/10005696291
Assessing whether distributional changes are "pro-poor" has become increasingly widespread in academic and policy circles. Starting from relatively general ethical axioms, this paper proposes simple graphical methods to test whether distributional changes are indeed pro-poor. Pro-poor standards...
Persistent link: https://www.econbiz.de/10005696332
This paper measures the causal effect of time out of the labor force on subsequent employment of Social Security Disability Insurance (SSDI) applicants and distinguishes it from the discouragement effect of receiving disability benefits. Using a unique Social Security Administration workload...
Persistent link: https://www.econbiz.de/10011119820