This paper uses a life cycle model to predict the induced entry effects of a reduction in the effective tax rate applied to Social Security Disability Insurance recipients from 100% under the status quo to a 50% tax rate (i.e. $1 dollar benefit reduction for every $2 earned over a disregard...

An increasing number of longitudinal data sets collect expectations information regarding a variety of future individual level events and decisions, providing researchers with the opportunity to explore expectations over micro variables in detail. We provide a theoretical framework and an...