المستودع الأكاديمي جامعة المدينة

Dynamic modeling of the SSDI application timing decision : the importance of policy variables

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dc.creator Burkhauser, Richard V.
dc.creator Butler, J. S.
dc.creator Gumus, Gulcin
dc.date 2003
dc.date.accessioned 2013-10-16T07:09:13Z
dc.date.available 2013-10-16T07:09:13Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20179
dc.identifier ppn:374509441
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20179
dc.description This paper analyzes the importance of policy variables in the context of Social Security Disability Insurance (SSDI) application timing decision. Previously, we explicitly modeled the optimal timing of SSDI application using dynamic structural models. We estimated these models using data from the Health and Retirement Study (HRS). This paper uses option value model estimates to simulate application timing under alternative SSDI policy formulations. We consider changes in three policy variables: benefit levels, acceptance rates, and employer accommodation. Our simulations suggest all these changes would have substantial effects on expected spell lengths until application and on lifetime application rates, and hence on SSDI caseloads.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 942
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject H31
dc.subject H55
dc.subject ddc:330
dc.subject Social Security Disability Insurance
dc.subject Health and Retirement Survey
dc.subject option value
dc.subject Erwerbsunfähigkeitsrente
dc.subject Altersgrenze
dc.subject Arbeitsangebot
dc.subject Dynamische Optimierung
dc.subject Realoption
dc.subject Rentenpolitik
dc.subject Schätzung
dc.subject Vereinigte Staaten
dc.title Dynamic modeling of the SSDI application timing decision : the importance of policy variables
dc.type doc-type:workingPaper


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