Showing 1 - 10 of 106
We provide a detailed analysis of the incidence, duration and determinants of claims made on private Long Term Disability (LTD) policies using a database of approximately 10,000 policies and 1 million workers from a major LTD insurer. We document that LTD claims rates are much lower than claims...
Persistent link: https://www.econbiz.de/10011103498
A critical question for Social Security policy is how program incentives affect retirement behavior. We use the wealth … of new data available through the Health and Retirement Survey (HRS) to examine the impact of Social Security incentives … on male retirement. We implement forward-looking models of retirement whereby individuals consider not just the …
Persistent link: https://www.econbiz.de/10014036681
Like most other developed nations, Canada has a large income security system for retirement that provides significant … of appropriate data. We provide an empirical analysis of the retirement incentives of the Canadian Income Security (IS … IS system have large and statistically significant impacts on retirement. This suggests that program reform can play some …
Persistent link: https://www.econbiz.de/10005404394
Exploiting within-firm, over-time variation in plan parameters for nearly 10,000 Long Term Disability (LTD) policies held by US employers, we present the first empirical analysis of the determinants of private LTD spells. We find that a shorter waiting period and a higher replacement rate...
Persistent link: https://www.econbiz.de/10010949175
retirement decisions. Second, there is fairly clear evidence that health insurance is not a major determinant of the labor supply …
Persistent link: https://www.econbiz.de/10005575587
improvements in wellbeing arising from the provision of public pensions. To the extent households adjust their savings and … employment behavior to account for enhanced retirement benefits, the positive impact of the benefits may be crowded out. We …, poverty, and happiness. For income, we find large increases in income corresponding to retirement benefit increases …
Persistent link: https://www.econbiz.de/10005710224
, perhaps due to increased early retirement, but that it is significantly protecting them against poverty. We then ask what the …
Persistent link: https://www.econbiz.de/10005720223
A critical question for Social Security policy is how program incentives affect retirement behavior. We use the wealth … of new data available through the Health and Retirement Survey (HRS) to examine the impact of Social Security incentives … on male retirement. We implement forward-looking models of retirement whereby individuals consider not just the …
Persistent link: https://www.econbiz.de/10005829085
of the interaction between the SS system and retirement behavior. We begin by documenting historical trends in labor … the relationship between SS and retirement. Finally, we present results of a simulation model which measures the implicit …
Persistent link: https://www.econbiz.de/10005575440
Disability Insurance (DI), which provides income support to disabled workers, has been criticized for inducing a large fall in the labor force participation rate of older workers. We study the effects of one policy response designed to address this moral hazard problem: raising the rate at which...
Persistent link: https://www.econbiz.de/10005575613