Arbeitspapier

Household responses to disability shocks: Spousal labor supply, caregiving, and disability insurance

This paper examines married women's time allocation to market hours and spousal care in the event of their husbands' disability and its implications for evaluating the insurance value of the Social Security Disability Insurance (SSDI) program. First, I find that while spousal labor supply responses to husbands' disability are small, wives spend a sizable amount of time in spousal care after their husbands become disabled. Motivated by these facts, I develop a dynamic model of married households that incorporates husbands' disability status, wives' time allocation choices, health state dependent utility, and the institutional features of SSDI. Counterfactual experiments indicate that caregiving needs substantially attenuate spousal labor supply responses and increase the insurance value of SSDI relative to its costs. Furthermore, policy

Sprache
Englisch

Erschienen in
Series: Working Paper Series ; No. 21

Klassifikation
Wirtschaft
Household Production and Intrahousehold Allocation
Intertemporal Household Choice; Life Cycle Models and Saving
National Government Expenditures and Welfare Programs
Social Security and Public Pensions
Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs
Time Allocation and Labor Supply
Thema
disability
social security
spousal labor supply
caregiving

Ereignis
Geistige Schöpfung
(wer)
Lee, Siha
Ereignis
Veröffentlichung
(wer)
University of Waterloo, Canadian Labour Economics Forum (CLEF)
(wo)
Waterloo
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Lee, Siha
  • University of Waterloo, Canadian Labour Economics Forum (CLEF)

Entstanden

  • 2020

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