The paper explains the low wages of the disabled in a monopsonistic framework. In the disabled market firms face different costs of adjustment ("disabled-friendly" firm vs. "disabled-unfriendly" firm), high or low, and offer wages according to these costs. Hence, there will be high- and low-paid...

Labor markets in the UK have been characterized by markedly widening wage inequality for lowskill (non-college) women, a trend that predates the pandemic. We examine the contribution of job polarization to this trend by estimating age, period, and cohort effects for the likelihood of employment...

We investigate the duration of time until the first work resumption for a cohort of people who receive disability insurance benefits. One of the peculiarities of the disability insurance program under investigation is that the level of benefits not only depends on previous wages, but also...

We investigate the duration of time until the first work resumption for a cohort of people who receive disability insurance benefits. One of the peculiarities of the disability insurance program under investigation is that the level of benefits not only depends on previous wages, but also...

In this study, we examine the effect of disability on mortgage delinquency. Using 2007-2017 data from the Panel Study of Income Dynamics (PSID), we study the impact of disability on ex-post delinquency rate and ex-ante self-assessed delinquency risk. We find that disability substantially...