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dc.contributor.advisorKearney, Melissa Sen_US
dc.contributor.authorRennane, Stephanie Louisaen_US
dc.date.accessioned2016-06-22T06:12:37Z
dc.date.available2016-06-22T06:12:37Z
dc.date.issued2016en_US
dc.identifierhttps://doi.org/10.13016/M2720H
dc.identifier.urihttp://hdl.handle.net/1903/18375
dc.description.abstractThis dissertation examines how social insurance, family support and work capacity enhance individuals' economic well-being following significant health and income shocks. I first examine the extent to which the liquidity-enhancing effects of Worker's Compensation (WC) benefits outweigh the moral hazard costs. Analyzing administrative data from Oregon, I estimate a hazard model exploiting variation in the timing and size of a retroactive lump-sum WC payment to decompose the elasticity of claim duration with respect to benefits into the elasticity with respect to an increase in cash on hand, and a decrease in the opportunity cost of missing work. I find that the liquidity effect accounts for 60 to 65 percent of the increase in claim duration among lower-wage workers, but less than half of the increase for higher earners. Using the framework from Chetty (2008), I conclude that the insurance value of WC exceeds the distortionary cost, and increasing the benefit level could increase social welfare. Next, I investigate how government-provided disability insurance (DI) interacts with private transfers to disabled individuals from their grown children. Using the Health and Retirement Study, I estimate a fixed effects, difference in differences regression to compare transfers between DI recipients and two control groups: rejected applicants and a reweighted sample of disabled non-applicants. I find that DI reduces the probability of receiving a transfer by no more than 3 percentage points, or 10 percent. Additional analysis reveals that DI could increase the probability of receiving a transfer in cases where children had limited prior information about the disability, suggesting that DI could send a welfare-improving information signal. Finally, Zachary Morris and I examine how a functional assessment could complement medical evaluations in determining eligibility for disability benefits and in targeting return to work interventions. We analyze claimants' self-reported functional capacity in a survey of current DI beneficiaries to estimate the share of disability claimants able to do work-related activity. We estimate that 13 percent of current DI beneficiaries are capable of work-related activity. Furthermore, other characteristics of these higher-functioning beneficiaries are positively correlated with employment, making them an appropriate target for return to work interventions.en_US
dc.language.isoenen_US
dc.titleEssays on the Effects of Social Insurance for Disabilityen_US
dc.typeDissertationen_US
dc.contributor.publisherDigital Repository at the University of Marylanden_US
dc.contributor.publisherUniversity of Maryland (College Park, Md.)en_US
dc.contributor.departmentEconomicsen_US
dc.subject.pqcontrolledEconomicsen_US
dc.subject.pquncontrolledDisabilityen_US
dc.subject.pquncontrolledEconomicsen_US
dc.subject.pquncontrolledPublic Economicsen_US
dc.subject.pquncontrolledSocial Insuranceen_US
dc.subject.pquncontrolledSocial Welfareen_US


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