Arbeitspapier

The disability option: Labor market dynamics with macroeconomic and health risks

We evaluate the contribution of changing macroeconomic conditions and demographics to the increase in Social Security Disability Insurance (SSDI) over recent decades. Within our quantitative framework, multiple sectors differentially expose workers to health and economic risks, both of which affect individuals' decisions to apply for SSDI. Over the transition, falling wages at the bottom of the distribution increased awards by 27% in the 1980s and 90s and aging demographics rose in importance thereafter. The model also implies two-thirds of the decline in working-age male employment from 1985 to 2013, three-fourths of which eventually goes on SSDI.

Language
Englisch

Bibliographic citation
Series: CHCP Working Paper ; No. 2018-7

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Michaud, Amanda
Wiczer, David
Event
Veröffentlichung
(who)
The University of Western Ontario, Centre for Human Capital and Productivity (CHCP)
(where)
London (Ontario)
(when)
2018

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Michaud, Amanda
  • Wiczer, David
  • The University of Western Ontario, Centre for Human Capital and Productivity (CHCP)

Time of origin

  • 2018

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