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Individual Demographic Transitions a...

Meder, Martin Erik.

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Individual Demographic Transitions and Financial Hardship.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Individual Demographic Transitions and Financial Hardship./
Author:	Meder, Martin Erik.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2018,
Description:	75 p.
Notes:	Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.
Contained By:	Dissertation Abstracts International79-10A(E).
Subject:	Labor economics. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10792900
ISBN:	9780355976908

Individual Demographic Transitions and Financial Hardship.
Meder, Martin Erik.

Individual Demographic Transitions and Financial Hardship. - Ann Arbor : ProQuest Dissertations & Theses, 2018 - 75 p.

Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.

Thesis (Ph.D.)--The University of Wisconsin - Milwaukee, 2018.

This dissertation consists of two essays on the relationship between individual demographic transitions, major life events that alter how an individual may be categorized by demographers, and financial wellbeing. Recent literature on Social Security Disability Insurance (SSDI) has reported an absence of substitution behavior between SSDI and other social insurance programs, which is unexpected considering the observed countercyclicality of SSDI awards. In the first chapter, I decompose the increase in the SSDI enrollment rate over the period surrounding the Great Recession, finding that 54.9% of the increase in the enrollment rate can be attributed to individuals who did not previously identify as disabled. I then address the often-discarded possibility that recessions are themselves disabling, discussing evidence that the incidence of disabling conditions increased over the recessionary period.

ISBN: 9780355976908Subjects--Topical Terms:

642730
Labor economics.

Individual Demographic Transitions and Financial Hardship.
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100 1 $a Meder, Martin Erik. $3 3351604
245 1 0 $a Individual Demographic Transitions and Financial Hardship.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2018
300 $a 75 p.
500 $a Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.
500 $a Adviser: Scott Drewianka.
502 $a Thesis (Ph.D.)--The University of Wisconsin - Milwaukee, 2018.
520 $a This dissertation consists of two essays on the relationship between individual demographic transitions, major life events that alter how an individual may be categorized by demographers, and financial wellbeing. Recent literature on Social Security Disability Insurance (SSDI) has reported an absence of substitution behavior between SSDI and other social insurance programs, which is unexpected considering the observed countercyclicality of SSDI awards. In the first chapter, I decompose the increase in the SSDI enrollment rate over the period surrounding the Great Recession, finding that 54.9% of the increase in the enrollment rate can be attributed to individuals who did not previously identify as disabled. I then address the often-discarded possibility that recessions are themselves disabling, discussing evidence that the incidence of disabling conditions increased over the recessionary period.
520 $a Many changes in divorce policy have been grounded in the concern that divorce may cause financial hardship, especially among divorced women. Indeed, there is a well-documented correlation between financial hardships and divorce, but the direction of causality remains unclear: it is easy to imagine that divorce causes hardship, that hardship raises the risk of divorce, or that other factors may produce both outcomes. In the second paper, I specify a model that nests all three possibilities and can be estimated using standard limited dependent variable and simultaneous equation methods. Using instruments that have been used in prior work, I estimate the model on data from the National Longitudinal Survey of Youth 1979 Cohort. After controlling for both selection and simultaneity, the structural estimates imply a clear causal structure: I find no evidence that hardship causes divorce, but the event of divorce decreases the income/needs ratio in divorced women's households by approximately 0.32 standard deviations. However, further evidence indicates that the causal effect of the divorce itself is partially obscured by a negative association between hardship and the risk of divorce, which appears to owe to anticipatory responses in women's labor supply. Accounting for those anticipatory responses also reveals a negative structural error correlation between divorce and the income/needs ratio, suggesting some unobserved factors may produce both divorce and hardship.
590 $a School code: 0263.
650 4 $a Labor economics. $3 642730
690 $a 0510
710 2 $a The University of Wisconsin - Milwaukee. $b Economics. $3 2099691
773 0 $t Dissertation Abstracts International $g 79-10A(E).
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791 $a Ph.D.
792 $a 2018
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10792900