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- Title
Disability Insurance and the Great Recession<sup>†</sup>.
- Authors
Maestas, Nicole; Mullen, Kathleen J.; Strand, Alexander
- Abstract
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.
- Subjects
UNITED States; UNITED States. Social Security Administration; DISABILITY insurance claims; SOCIAL security beneficiaries; LABOR market; MATHEMATICAL models; GLOBAL Financial Crisis, 2008-2009; INSURANCE applications; PEOPLE with disabilities
- Publication
American Economic Review, 2015, Vol 105, Issue 5, p177
- ISSN
0002-8282
- Publication type
Article
- DOI
10.1257/aer.p20151089