Disability Benefit Generosity and Labor Force Withdrawal.

The health of very early retirees.

This study examines the health of a sample representative of 1.8 million men aged 45-59 in 1969 who permanently withdrew from the labor force before age 62 between 1966-1975. The analysis concentrates on comparing the health of men receiving Social Security disability benefits with that of men reporting work-limiting health conditions at labor force withdrawal but not receiving Social Security ...

IRP Discussion Papers ' - - - - - - - - - - - - - - -

Both policy debate and research have focused on the linkage between the availability and generosity of public disability benefits and the reduction in the work effort of older men. That linkage is the subject of this paper. First, quantitative research in the area is reviewed and the differences in the results are examined. Results differ owing to differences in (1) model specification, (2) the...

The Employment Effect of Increasing Disability Benefits: A Regression Discontinuity Approach

We analyze the employment effect of a law that provides for a 36 percent increase in the generosity of disability insurance (DI) in Spain for claimants who are, as a result of their lack of skills and of the labour market conditions they face, deemed unlikely to find a job. The selection process for treatment is therefore conditional on having a low probability of employment making evaluation o...

Cost Benefit Analysis of Higher Education by Educated Women in Iran: The Tale of Self Fulfilling Prophecy and Low Labor Force Participation

Using International Micro Data to Learn about Individuals' Responses to Changes in Social Insurance

In this paper we examine the scope of cross-country variation in institutions related to social insurance. Building on the variation we find we assess the value of new micro data that is comparable across countries to help identify key parameters of individual behavior. We present multiple aspects of labor force participation, including disability benefit receipt, as well as wealth accumulation...