THE ECONOMIC-IMPLICATIONS OF PUBLIC DISABILITY INSURANCE IN THE UNITED-STATES

• 成果类型: Article; Proceedings Paper
• 署名作者: DANZON, PM
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/298332
• 发表日期: 1993
• 页码: S170-S200
• 关键词: labor-force participation; social-security; retirement; decline; work

摘要

A review of previous analyses of labor supply effects of Social Security Disability Insurance (Df) concludes that estimates of labor supply effects and net social costs are upward biased because they ignore interactions between DI and other insurances. A model of optimal insurance, postinjury accommodations, and labor supply shows that reduction in labor supply and increase in consumption when disabled do not necessarily imply moral hazard. Optimal postinjury accommodations vary inversely with firm size. The Americans with Disabilities Act will reduce wages and labor supply of healthy workers, particularly in small firms. Effects on labor supply of the disabled are ambiguous.