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...

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Bibliographic Details
Main Authors: Low, H, Pistaferri, L
Format: Journal article
Language:English
Published: American Economic Association 2015