The large size and rate of growth of the US Disability Insurance (DI) system makes it important to understand the factors that influence the decision to apply for DI, and one empirically relevant factor is the availability and generosity of Unemployment Insurance (UI) benefits. UI's impact on DI...

A large body of research focuses on two important rationales for government subsidies to college students: positive fiscal externalities from a larger tax base, and liquidity constraints among students. This paper provides a first attempt to gauge the relative importance of these mechanisms. I...