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dc.contributor.authorBurkhauser, Richard V.en_US
dc.contributor.authorButler, J. S.en_US
dc.contributor.authorGumus, Gulcinen_US
dc.date.accessioned2009-01-28T16:12:12Z-
dc.date.available2009-01-28T16:12:12Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/20179-
dc.description.abstractThis paper analyzes the importance of policy variables in the context of Social Security Disability Insurance (SSDI) application timing decision. Previously, we explicitly modeled the optimal timing of SSDI application using dynamic structural models. We estimated these models using data from the Health and Retirement Study (HRS). This paper uses option value model estimates to simulate application timing under alternative SSDI policy formulations. We consider changes in three policy variables: benefit levels, acceptance rates, and employer accommodation. Our simulations suggest all these changes would have substantial effects on expected spell lengths until application and on lifetime application rates, and hence on SSDI caseloads.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 942en_US
dc.subject.jelH31en_US
dc.subject.jelH55en_US
dc.subject.ddc330en_US
dc.subject.keywordSocial Security Disability Insuranceen_US
dc.subject.keywordHealth and Retirement Surveyen_US
dc.subject.keywordoption valueen_US
dc.subject.stwErwerbsunfähigkeitsrenteen_US
dc.subject.stwAltersgrenzeen_US
dc.subject.stwArbeitsangeboten_US
dc.subject.stwDynamische Optimierungen_US
dc.subject.stwRealoptionen_US
dc.subject.stwRentenpolitiken_US
dc.subject.stwSchätzungen_US
dc.subject.stwVereinigte Staatenen_US
dc.titleDynamic modeling of the SSDI application timing decision : the importance of policy variablesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn374509441en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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