Disability Insurance and the Great Recession
利用行政数据研究失业率如何影响美国社会保障残疾保险的申请数量、初始批准与拒绝情况,以及申请时机,重点关注大衰退时期并与1992-2012年的商业周期效应对比。
The US Social Security Disability Insurance (SSDI) program is designed to provide income support to workers who become unable to work because of a severe, long-lasting disability. In this study, we use administrative data to estimate the effect of labor market conditions, as measured by the unemployment rate, on the number of SSDI applications, the number and composition of initial allowances and denials, and the timing of applications relative to disability onset. We analyze the period of the Great Recession, and compare this period with business cycle effects over the past two decades, from 1992 through 2012.