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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21851 |
来源ID | Working Paper 21851 |
The Effect of Disability Insurance Payments on Beneficiaries\u2019 Earnings | |
Alexander Gelber; Timothy Moore; Alexander Strand | |
发表日期 | 2016-01-11 |
出版年 | 2016 |
语种 | 英语 |
摘要 | A crucial issue in studying social insurance programs is whether they affect work decisions through income or substitution effects. We examine this in the context of U.S. Social Security Disability Insurance (DI), one of the largest social insurance programs in the U.S. The formula linking DI payments to past earnings has discontinuous changes in the marginal replacement rate that allow us to use a regression kink design to estimate the effect of payment size on earnings. Using Social Security Administration data on all new DI beneficiaries from 2001 to 2007, we document a robust income effect of DI payments on earnings. Our preferred estimate is that an increase in DI payments of one dollar causes an average decrease in beneficiaries’ earnings of twenty cents. This suggests that the income effect represents an important factor in driving DI-induced reductions in earnings. |
主题 | Public Economics ; Taxation ; Health, Education, and Welfare ; Health ; Labor Economics ; Demography and Aging ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w21851 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579525 |
推荐引用方式 GB/T 7714 | Alexander Gelber,Timothy Moore,Alexander Strand. The Effect of Disability Insurance Payments on Beneficiaries\u2019 Earnings. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w21851.pdf(1779KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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