Showing 1 - 9 of 9
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...
Persistent link: https://www.econbiz.de/10012256963
Most countries reduce Disability Insurance (DI) benefits for beneficiaries earning above a specified threshold. Such an earnings threshold generates a discontinuous increase in tax liability - a notch - and creates an incentive to keep earnings below the threshold. Exploiting such a notch in...
Persistent link: https://www.econbiz.de/10011881461
A key component for estimating the optimal size and structure of disability insurance (DI) programs is the elasticity of DI claiming with respect to benefit generosity. Yet, in many countries, including the United States, all workers face identical benefit schedules, which are a function of...
Persistent link: https://www.econbiz.de/10011407737
We exploit a unique Swiss reform to identify the importance of passivity, claiming social security benefits at the Full Retirement Age (FRA). Sharp discontinuities generated by the reform reveal that raising the FRA while imposing small early claiming penalties significantly delays pension...
Persistent link: https://www.econbiz.de/10012256958
This paper studies the effects of the Vietnam Hunger Eradication and Poverty Reduction (HEPR) program on school enrolment, using longitudinal data that span over 15 years and a difference-in-differences research design. We find that early treatment (at age 8) increases children enrolment by...
Persistent link: https://www.econbiz.de/10012133739
By increasing the residual working horizon of employed individuals, pension reforms that raise minimum retirement age are likely to affect the returns to investments in health-promoting behaviours before retirement, with consequences for individual health. Using the exogenous variation in...
Persistent link: https://www.econbiz.de/10011455643
Disability insurance (DI) beneficiaries lose part of their benefits if their earnings exceed certain thresholds ("cash-cliffs"). This implicit taxation is considered the prime reason for low DI outflow. We analyse a conditional cash program that incentivises work related reductions of disability...
Persistent link: https://www.econbiz.de/10010457820
Pension reforms that raise minimum retirement age increase the pool of senior individuals aged 50+ who are not eligible to retire from the labour market. Using data from Italian provinces and regions and an instrumental variable strategy, we estimate the effects of local changes in the supply of...
Persistent link: https://www.econbiz.de/10011647457
The "Retired Husband Syndrome", that affects the mental health of wives of retired men around the world, has been anecdotally documented but never formally investigated. We use Japanese micro data and the exogenous variation generated by the 2006 revision of the Japanese Elderly Employment...
Persistent link: https://www.econbiz.de/10010387882