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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25338 |
来源ID | Working Paper 25338 |
The Effect of Economic Conditions on the Disability Insurance Program: Evidence from the Great Recession | |
Nicole Maestas; Kathleen J. Mullen; Alexander Strand | |
发表日期 | 2018-12-10 |
出版年 | 2018 |
语种 | 英语 |
摘要 | We examine the effect of cyclical job displacement during the Great Recession on the Social Security Disability Insurance (SSDI) program. Exploiting variation in the severity and timing of the recession across states, we estimate the effect of unemployment on SSDI applications and awards. We find the Great Recession induced nearly one million SSDI applications that otherwise would not have been filed, of which 41.8 percent were awarded benefits, resulting in over 400,000 new beneficiaries who made up 8.9 percent of all SSDI entrants between 2008-2012. More than one-half of the recession-induced awards were made on appeal. The induced applicants had less severe impairments than the average applicant. Only 9 percent had the most severe, automatically-qualifying impairments, 33 percent had functional impairments and no transferable skills, and the rest were denied for having insufficiently severe impairments and/or transferable skills. Our estimates imply the Great Recession increased claims processing costs by $2.960 billion during 2008-2012, and SSDI benefit obligations by $55.730 billion in present value, or $97.365 billion including both SSDI and Medicare benefits. |
主题 | Public Economics ; National Fiscal Issues ; Labor Economics ; Demography and Aging |
URL | https://www.nber.org/papers/w25338 |
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/583011 |
推荐引用方式 GB/T 7714 | Nicole Maestas,Kathleen J. Mullen,Alexander Strand. The Effect of Economic Conditions on the Disability Insurance Program: Evidence from the Great Recession. 2018. |
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 | ||
w25338.pdf(1411KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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