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Medientyp:
E-Artikel
Titel:
Social Security Disability Insurance: Applications, Awards, and Lifetime Income Flows
Beteiligte:
Kreider, Brent
Erschienen:
The University of Chicago Press, 1999
Erschienen in:
Journal of Labor Economics, 17 (1999) 4, Seite 784-827
Sprache:
Englisch
DOI:
10.1086/209939
ISSN:
0734-306X;
1537-5307
Entstehung:
Anmerkungen:
Beschreibung:
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.