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Unemployment Insurance and Disability Insurance in the Great Recession / Andreas I. Mueller, Jesse Rothstein, Till M. von Wachter.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Mueller, Andreas I.
Contributor:
National Bureau of Economic Research.
Rothstein, Jesse.
von Wachter, Till M.
Series:
Working Paper Series (National Bureau of Economic Research) no. w19672.
NBER working paper series no. w19672
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2013.
Summary:
Disability insurance (DI) applications and awards are countercyclical. One potential explanation is that unemployed individuals who exhaust their Unemployment Insurance (UI) benefits use DI as a form of extended benefits. We exploit the haphazard pattern of UI benefit extensions in the Great Recession to identify the effect of UI exhaustion on DI application, using both aggregate data at the state-month and state-week levels and microdata on unemployed individuals in the Current Population Survey. We find no indication that expiration of UI benefits causes DI applications. Our estimates are sufficiently precise to rule out effects of meaningful magnitude.
Notes:
Print version record
November 2013.

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