909期 6月8日 :The Disability Option: Labor Market Dynamics with Macroeconomic and Health Risks(David Wiczer, 助理教授,Economics Department at Stony Brook University)

发布者:系统管理员发布时间:2018-06-08浏览次数:182

【主讲】David Wiczer (助理教授,Economics Department at Stony Brook University)

【主题】The Disability Option: Labor Market Dynamics with Macroeconomic and Health Risks

【时间】2018年6月8日 (周五) 15:30-17:00

【地点】上海财经大学经济学院楼701室

【语言】英文

【摘要】In recent decades, Social Security Disability Insurance (SSDI) claims have risen rapidly. We evaluate the importance of changing macroeconomic conditions in shapingthis trend. Our quantitative framework considers that economic conditions interact with individuals’ health status in their decisions to apply for SSDI. Crucially, these factors are correlated through the nature of work: multiple sectors differentially expose workers to health and economic risks. Decomposing factors driving SSDI growth in a calibrated model, we find the secular deterioration of economic conditions concentrated in populations with high health risks accounts for about half of the increase in SSDI claims predicted by the model, about a third overall.

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