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We propose a class of generalised percentile ratios as an alternative to the P90 / P10 ratio for measuring labour earnings inequality. We show that they are more robust to sampling the variation and rounding error prevalent in interview-based surveys, as demonstrated through a Monte Carlo...
Persistent link: https://www.econbiz.de/10005544018
Beginning in 1983, and following the worst recession since the Great Depression, the United States experienced six years of uninterrupted economic growth, the longest such period since World War II. Along with this expansion came an increase in income inequality that many suggest diminished the...
Persistent link: https://www.econbiz.de/10005490821
We use a choice-based subsample of Social Security Disability Insurance applicants from the 1978 Social Security Survey of Disability and Work to test the importance of policy variables on the timing of application for disability insurance benefits following the onset of a work limiting health...
Persistent link: https://www.econbiz.de/10005490900
Persistent link: https://www.econbiz.de/10005430090
We examine the rate of employment and the household income of the working-age population (aged 25-61) with and without disabilities over the business cycles of the 1980s and 1990s using data from the March Current Population Survey and the National Health Interview Survey. In general, we find...
Persistent link: https://www.econbiz.de/10005401547
Data constraints make the long-term monitoring of the working-age population with disabilities a difficult task. Indeed, the Current Population Survey (CPS) is the only national data source that offers detailed work and income questions and consistently asked measures of disability over a...
Persistent link: https://www.econbiz.de/10005401555
In general, our examination suggests that in the absence of a universal guaranteed income program for all Americans, the operational flexibility of the categorical eligibility criteria for SSI has made the program sensitive to both downturns in the business cycle and to increases in the pool of...
Persistent link: https://www.econbiz.de/10005401562
Two factors are likely to cause the debate surrounding disability policy to intensify over the next decade. First, the protracted period of economic growth that the United States has experienced since 1992 cannot last forever. And, applications for DI and SSI are sensitive to the business cycle....
Persistent link: https://www.econbiz.de/10005401569
SSI was established in 1972, born out of a compromise at the time between those wanting to provide a guaranteed income floor and those wishing to limit it to individuals not expected to work: the aged, blind, and disabled. SSI is now the largest federal means-tested program in the United States,...
Persistent link: https://www.econbiz.de/10005401587
Persistent link: https://www.econbiz.de/10005401589