Social security disability insurance: Applications, awards, and lifetime income flows

• 成果类型: Article
• 署名作者: Kreider, B
• 署名单位: University of Virginia
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/209939
• 发表日期: 1999
• 页码: 784-827
• 关键词: labor-force participation; dependent variables; HEALTH; retirement; earnings; models; applicants; selection; transfers; PROGRAMS

摘要

This article provides new evidence about the impact of Social Security Disability Insurance on male labor force participation decisions based on estimates from a structural model of applications, awards, and state-contingent lifetime income flows. The lifetime framework makes it possible to consider long-term opportunity costs associated with early labor force withdrawal and the disincentive to applications resulting from the statutory waiting period before benefits may be received. Estimation techniques account for the self-selected nature of the pool of applicants when predicting the individual-specific probability of acceptance and the opportunity costs of applying.