How Financial Incentives Induce Disability Insurance Recipients To Return To Work PDF Download
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Author | : Andreas Ravndal KostÜıl |
Publisher | : |
Total Pages | : |
Release | : 2012 |
Genre | : Economics |
ISBN | : |
Download How Financial Incentives Induce Disability Insurance Recipients to Return to Work Book in PDF, ePub and Kindle
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.
Author | : Andreas Ravndal Kostol |
Publisher | : |
Total Pages | : 0 |
Release | : 2013 |
Genre | : Economics |
ISBN | : |
Download How Financial Incentives Induce Disability Insurance Recipients to Return to Work Book in PDF, ePub and Kindle
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.
Author | : Philippe Ruh |
Publisher | : |
Total Pages | : 55 |
Release | : 2018 |
Genre | : Disability insurance |
ISBN | : |
Download Financial Incentives and Earnings of Disability Insurance Recipients Book in PDF, ePub and Kindle
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.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 269 |
Release | : 2022-10-11 |
Genre | : |
ISBN | : 9264941479 |
Download Disability, Work and Inclusion Mainstreaming in All Policies and Practices Book in PDF, ePub and Kindle
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.
Author | : Tito Boeri |
Publisher | : Princeton University Press |
Total Pages | : 732 |
Release | : 2021-01-26 |
Genre | : Business & Economics |
ISBN | : 0691206368 |
Download The Economics of Imperfect Labor Markets, Third Edition Book in PDF, ePub and Kindle
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
Author | : Axel Börsch-Supan |
Publisher | : University of Chicago Press |
Total Pages | : 481 |
Release | : 2021-03-05 |
Genre | : Business & Economics |
ISBN | : 022667424X |
Download Social Security Programs and Retirement around the World Book in PDF, ePub and Kindle
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.
Author | : United States. Congress. Senate. Committee on Finance |
Publisher | : |
Total Pages | : 136 |
Release | : 2015 |
Genre | : |
ISBN | : |
Download Nomination of Carolyn Watts Colvin Book in PDF, ePub and Kindle
Author | : United States |
Publisher | : |
Total Pages | : 94 |
Release | : 1999 |
Genre | : Debts, Public |
ISBN | : |
Download Ticket to Work and Work Incentives Improvement Act of 1999 Book in PDF, ePub and Kindle
Author | : Badi H. Baltagi |
Publisher | : Emerald Group Publishing |
Total Pages | : 406 |
Release | : 2018-05-30 |
Genre | : Business & Economics |
ISBN | : 1787145417 |
Download Health Econometrics Book in PDF, ePub and Kindle
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.
Author | : Johann Fridrik Fridriksson |
Publisher | : Nordic Council of Ministers |
Total Pages | : 125 |
Release | : 2017-12-18 |
Genre | : Law |
ISBN | : 9289351977 |
Download Working environment and work retention Book in PDF, ePub and Kindle
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.