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How Financial Incentives Induce Disability Insurance Recipients To Return To Work
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Book Synopsis How Financial Incentives Induce Disability Insurance Recipients to Return to Work by : Andreas Ravndal KostÜıl
Download or read book How Financial Incentives Induce Disability Insurance Recipients to Return to Work written by Andreas Ravndal KostÜıl and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Disability Insurance (DI) programs have long been criticized by economists for apparent work disincentives. Some countries have recently modified their programs such that DI recipients are allowed to keep some of their benefits if they return to work, and other countries are considering similar return-to-work policies. However, there is little empirical evidence of the effectiveness of programs that incentivize the return to work by DI recipients. Using a local randomized experiment that arises from a sharp discontinuity in DI policy in Norway, we provide transparent and credible identification of how financial incentives induce DI recipients to return to work. We find that many DI recipients have considerable capacity to work that can be effectively induced by providing financial work incentives. We further show that providing work incentives to DI recipients may both increase their disposable income and reduce program costs. Our findings also suggest that targeted policies may be the most effective in encouraging DI recipients to return to work.
Book Synopsis How Financial Incentives Induce Disability Insurance Recipients to Return to Work by : Andreas Ravndal Kostol
Download or read book How Financial Incentives Induce Disability Insurance Recipients to Return to Work written by Andreas Ravndal Kostol and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disability Insurance (DI) programs have long been criticized by economists for apparent work disincentives. Some countries have recently modified their programs such that DI recipients are allowed to keep some of their benefits if they return to work, and other countries are considering similar return-to-work policies. However, there is little empirical evidence of the effectiveness of programs that incentivize the return to work by DI recipients. Using a local randomized experiment that arises from a sharp discontinuity in DI policy in Norway, we provide transparent and credible identification of how financial incentives induce DI recipients to return to work. We find that many DI recipients have considerable capacity to work that can be effectively induced by providing financial work incentives. We further show that providing work incentives to DI recipients may both increase their disposable income and reduce program costs. Our findings also suggest that targeted policies may be the most effective in encouraging DI recipients to return to work.
Book Synopsis Financial Incentives and Earnings of Disability Insurance Recipients by : Philippe Ruh
Download or read book Financial Incentives and Earnings of Disability Insurance Recipients written by Philippe Ruh and published by . This book was released on 2018 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most countries reduce Disability Insurance (DI) benefits for beneficiaries earning above a specified threshold. Such an earnings threshold generates a discontinuous increase in tax liability -- a notch -- and creates an incentive to keep earnings below the threshold. Exploiting such a notch in Austria, we provide transparent and credible identification of the effect of financial incentives on DI beneficiaries' earnings. Using rich administrative data, we document large and sharp bunching at the earnings threshold. However, the elasticity driving these responses is small. Our estimate suggests that relaxing the earnings threshold reduces fiscal cost only if program entry is very inelastic.
Book Synopsis Disability, Work and Inclusion Mainstreaming in All Policies and Practices by : OECD
Download or read book Disability, Work and Inclusion Mainstreaming in All Policies and Practices written by OECD and published by OECD Publishing. This book was released on 2022-10-11 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: One in seven working-age adults identifies as having a disability in OECD countries, a share that is also substantial and growing among young people (8% in 2019). Many of them are excluded from meaningful work and have low levels of income and social engagement.
Book Synopsis The Economics of Imperfect Labor Markets, Third Edition by : Tito Boeri
Download or read book The Economics of Imperfect Labor Markets, Third Edition written by Tito Boeri and published by Princeton University Press. This book was released on 2021-01-26 with total page 732 pages. Available in PDF, EPUB and Kindle. Book excerpt: The leading textbook on imperfect labor markets and the institutions that affect them—now completely updated and expanded Today's labor markets are witnessing seismic changes brought on by such factors as rising self-employment, temporary employment, zero-hour contracts, and the growth of the sharing economy. This fully updated and revised third edition of The Economics of Imperfect Labor Markets reflects these and other critical changes in imperfect labor markets, and it has been significantly expanded to discuss topics such as workplace safety, regulations on self-employment, and disability and absence from work. This new edition also features engaging case studies that illustrate key aspects of imperfect labor markets. Authoritative and accessible, this textbook examines the many institutions that affect the behavior of workers and employers in imperfect labor markets. These include minimum wages, employment protection legislation, unemployment benefits, family policies, equal opportunity legislation, collective bargaining, early retirement programs, and education and migration policies. Written for advanced undergraduates and beginning graduate students, the book carefully defines and measures these institutions to accurately characterize their effects, and discusses how these institutions are being transformed today. Fully updated to reflect today's changing labor markets Significantly expanded to discuss a wealth of new topics, including the impact of the COVID-19 pandemic Features quantitative examples, new case studies, data sets that enable users to replicate results in the literature, technical appendixes, and end-of-chapter exercises Unique focus on institutions in imperfect labor markets Self-contained chapters cover each of the most important labor-market institutions Instructor's manual available to professors—now with new exercises and solutions
Book Synopsis Social Security Programs and Retirement around the World by : Axel Börsch-Supan
Download or read book Social Security Programs and Retirement around the World written by Axel Börsch-Supan and published by University of Chicago Press. This book was released on 2021-03-05 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ninth phase of the International Social Security project, which studies the experiences of twelve developed countries, examines the effects of public pension reform on employment at older ages. In the past two decades, men’s labor force participation at older ages has increased, reversing a long-term pattern of decline; participation rates for older women have increased dramatically as well. While better health, more education, and changes in labor-supply behavior of married couples may have affected this trend, these factors alone cannot explain the magnitude of the employment increase or its large variation across countries. The studies in this volume explore how financial incentives to work at older ages have evolved as a result of public pension reforms since 1980 and how these changes have affected retirement behavior. Utilizing a common template to analyze the developments across countries, the findings suggest that social security reforms have strengthened the financial returns to working at older ages and that these enhanced financial incentives have contributed to the rise in late-life employment.
Book Synopsis Nomination of Carolyn Watts Colvin by : United States. Congress. Senate. Committee on Finance
Download or read book Nomination of Carolyn Watts Colvin written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2015 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Ticket to Work and Work Incentives Improvement Act of 1999 by : United States
Download or read book Ticket to Work and Work Incentives Improvement Act of 1999 written by United States and published by . This book was released on 1999 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Health Econometrics by : Badi H. Baltagi
Download or read book Health Econometrics written by Badi H. Baltagi and published by Emerald Group Publishing. This book was released on 2018-05-30 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume covers a wide range of existing and emerging topics in applied health economics, including behavioural economics, medical care risk, social insurance, discrete choice models, cost-effectiveness analysis, health and immigration, and more.
Book Synopsis Working environment and work retention by : Johann Fridrik Fridriksson
Download or read book Working environment and work retention written by Johann Fridrik Fridriksson and published by Nordic Council of Ministers. This book was released on 2017-12-18 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: The project shows that the working environment is rarely the sole cause of early retirement, but working environment factors may explain a large fraction of the transition to disability pension in particular. Several working environment predictors of early retirement are well-documented in the Nordic countries, but workplace policies and activities to retain older workers rarely aim to improve the working environment. There may be great potentials in developing workplace interventions which combine prevention of working environment risk factors (e.g. risk factors for accidents, strenuous work/high physical work demands, insufficient recovery between work shifts, quantitative work demands, conflicts at work and bullying/harassment, and age discrimination) with increment of job satisfaction through increased control/influence, possibilities for development and recognition from management.
Book Synopsis Social Security by : United States. Congress. Senate. Committee on Finance
Download or read book Social Security written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2015 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Globalization and Poverty by : Ann Harrison
Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.
Book Synopsis Ageing and Employment Policies: Norway 2013 Working Better with Age by : OECD
Download or read book Ageing and Employment Policies: Norway 2013 Working Better with Age written by OECD and published by OECD Publishing. This book was released on 2013-06-21 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides an overview of the substantial ageing and employment policy initiatives already implemented over the past decade in Norway identifies areas where more should be done, covering both supply-side and demand-side aspects.
Author :National Bureau of Economic Research Publisher :University of Chicago Press ISBN 13 :9780226533568 Total Pages :224 pages Book Rating :4.5/5 (335 download)
Book Synopsis Means-Tested Transfer Programs in the United States by : National Bureau of Economic Research
Download or read book Means-Tested Transfer Programs in the United States written by National Bureau of Economic Research and published by University of Chicago Press. This book was released on 2003-10-15 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few United States government programs are as controversial as those designed to aid the poor. From tax credits to medical assistance, aid to needy families is surrounded by debate—on what benefits should be offered, what forms they should take, and how they should be administered. The past few decades, in fact, have seen this debate lead to broad transformations of aid programs themselves, with Aid to Families with Dependent Children replaced by Temporary Assistance to Needy Families, the Earned Income Tax Credit growing from a minor program to one of the most important for low-income families, and Medicaid greatly expanding its eligibility. This volume provides a remarkable overview of how such programs actually work, offering an impressive wealth of information on the nation's nine largest "means-tested" programs—that is, those in which some test of income forms the basis for participation. For each program, contributors describe origins and goals, summarize policy histories and current rules, and discuss the recipient's characteristics as well as the different types of benefits they receive. Each chapter then provides an overview of scholarly research on each program, bringing together the results of the field's most rigorous statistical examinations. The result is a fascinating portrayal of the evolution and current state of means-tested programs, one that charts a number of shifts in emphasis—the decline of cash assistance, for instance, and the increasing emphasis on work. This exemplary portrait of the nation's safety net will be an invaluable reference for anyone interested in American social policy.
Book Synopsis Brookings Papers on Economic Activity: Spring 2018 by : Janice Eberly
Download or read book Brookings Papers on Economic Activity: Spring 2018 written by Janice Eberly and published by Brookings Institution Press. This book was released on 2018-10-02 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents: Is Automation Labor Share-Displacing? Productivity Growth, Employment, and the Labor Share David Autor and Anna Salomons Safety Net Investments in Children Hilary W. Hoynes and Diane Whitmore Schanzenbach Jobs for the Heartland: Place-Based Polices in 21st-Century America Benjamin Austin, Edward Glaeser, and Lawrence Summers Macroeconomic Effects of the 2017 Tax Reform Robert J. Barro and Jason Furman Liquidity Crises in the Mortgage Market You Suk Kim, Steven M. Laufer, Karen Pence, Richard Stanton, and Nancy Wallace Mortgage Market Design: Lessons from the Great Recession Tomasz Piskorski and Amit Seru
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1498344658 Total Pages :257 pages Book Rating :4.4/5 (983 download)
Book Synopsis Fiscal Policy and Long-Term Growth by : International Monetary Fund
Download or read book Fiscal Policy and Long-Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Book Synopsis The Economics of Aging by : David A. Wise
Download or read book The Economics of Aging written by David A. Wise and published by University of Chicago Press. This book was released on 2009-05-15 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Aging presents results from an ongoing National Bureau of Economic Research project. Contributors consider the housing mobility and living arrangements of the elderly, their labor force participation and retirement, the economics of their health care, and their financial status. The goal of the research is to further our understanding both of the factors that determine the well-being of the elderly and of the consequences that follow from an increasingly older population with longer individual life spans. Each paper is accompanied by critical commentary.
