Total Disability Provisions in Life Insurance Contracts.
نویسندگان
چکیده
منابع مشابه
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We provide a framework for understanding how disability risk and features of the disability insurance program in the US affect individual consumption and labor supply behavior in an explicit life-cycle setting. We decompose earnings risk into disability shocks (that reduce the ability to work) and shocks to general productivity. We identify structural parameters of the model using indirect infe...
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ژورنال
عنوان ژورنال: The Journal of Finance
سال: 1957
ISSN: 0022-1082
DOI: 10.2307/2975889