Disability insurance and the dynamics of the incentive insurance trade-off
We provide a life-cycle framework for comparing insurance and disincentive effects of disability benefits. The risks that individuals face and the parameters of the Disability Insurance (DI) program are estimated from consumption, health, disability insurance, and wage data. We characterize the effe...
Main Authors: | , |
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Format: | Journal article |
Language: | English |
Published: |
American Economic Association
2015
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