Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/20179 
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dc.contributor.authorBurkhauser, Richard V.en
dc.contributor.authorButler, J. S.en
dc.contributor.authorGumus, Gulcinen
dc.date.accessioned2009-01-28T16:12:12Z-
dc.date.available2009-01-28T16:12:12Z-
dc.date.issued2003-
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x942en
dc.subject.jelH31en
dc.subject.jelH55en
dc.subject.ddc330en
dc.subject.keywordSocial Security Disability Insuranceen
dc.subject.keywordHealth and Retirement Surveyen
dc.subject.keywordoption valueen
dc.subject.stwErwerbsunfähigkeitsrenteen
dc.subject.stwAltersgrenzeen
dc.subject.stwArbeitsangeboten
dc.subject.stwDynamische Optimierungen
dc.subject.stwRealoptionen
dc.subject.stwRentenpolitiken
dc.subject.stwSchätzungen
dc.subject.stwVereinigte Staatenen
dc.titleDynamic modeling of the SSDI application timing decision : the importance of policy variables-
dc.typeWorking Paperen
dc.identifier.ppn374509441en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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