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We estimate parametric and semi-parametric binary choice models of benefit take-up by British pensioners and use a revealed preference argument to infer the cash-equivalent value of disutility arising from stigma or complexity of the claims process. These implicit costs turn out to be relatively...
Persistent link: https://www.econbiz.de/10010331574
Non take-up of means-tested benefits among pensioners is of longstanding concern. It will assume increased importance from 2003 with the introduction of the new means-tested Pension Credit, which will subsume Income Support and to which about half of all pensioners are expected to be entitled....
Persistent link: https://www.econbiz.de/10005385013
We estimate parametric and semi-parametric binary choice models of benefit take-up by British pensioners and develop methods, based on the compensating variation, of inferring the cash-equivalent value of disutility arising from stigma or complexity of the claims process, taking account of the...
Persistent link: https://www.econbiz.de/10005422734
Persistent link: https://www.econbiz.de/10010331815
We compare three major UK surveys, BHPS, FRS and ELSA, in terms of the picture they give of the relationship between disability and receipt of the Attendance Allowance (AA) benefit. Using the different disability indicators available in each survey, we estimate a model in which probabilities of...
Persistent link: https://www.econbiz.de/10010324311
We compare three major UK surveys, BHPS, FRS and ELSA, in terms of the picture they give of the relationship between disability and receipt of the Attendance Allowance (AA) benefit. Using the different disability indicators available in each survey, we estimate a model in which probabilities of...
Persistent link: https://www.econbiz.de/10010331227
We propose a nonparametric matching approach to estimation of implicit costs based on the compensating variation (CV) principle. We apply the method to estimate the additional personal costs experienced by disabled older people in Great Britain, finding that those costs are substantial,...
Persistent link: https://www.econbiz.de/10010331240
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