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A crucial issue in studying social insurance programs is whether they affect work decisions through income or … Security Administration data on all new DI beneficiaries from 2001 to 2007, we document a robust income effect of DI payments … beneficiaries' earnings of twenty cents. This suggests that the income effect represents an important factor in driving DI …
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earnings. The largely unstudied Disability Compensation program currently provides income and health insurance to almost four … policy, though measured income net of transfer benefits rose on average. Consistent with the relatively advanced age and …
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While optimization frictions have been shown to attenuate earnings responses to financial incentives, less is understood about the individual factors shaping the response. The main contribution of this paper is to separately quantify the role of learning the tax and benefit schedule versus other...
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self against the income loss of a bad event, the bad event is more likely to happen. Comparing register data from disabled … and non-disabled individuals shows that being disabled increases income in the last year before the time of disablement …. Further, more generous pension systems increase pre-disablement income even more. …
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income lost. Female and younger recipients, as well as those with more subjectively defined disabilities, were able to …
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