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The Impact of Social Security Progra...

Nelson, Jaeger Lawrence.

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The Impact of Social Security Programs on Households and the Macroeconomy.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	The Impact of Social Security Programs on Households and the Macroeconomy./
作者:	Nelson, Jaeger Lawrence.
出版者:	Ann Arbor : ProQuest Dissertations & Theses, : 2018,
面頁冊數:	153 p.
附註:	Source: Dissertation Abstracts International, Volume: 79-09(E), Section: A.
Contained By:	Dissertation Abstracts International79-09A(E).
標題:	Economics. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10791427
ISBN:	9780355928594

The Impact of Social Security Programs on Households and the Macroeconomy.
Nelson, Jaeger Lawrence.

The Impact of Social Security Programs on Households and the Macroeconomy. - Ann Arbor : ProQuest Dissertations & Theses, 2018 - 153 p.

Source: Dissertation Abstracts International, Volume: 79-09(E), Section: A.

Thesis (Ph.D.)--Indiana University, 2018.

This dissertation is comprised of three chapters concerned with public insurance programs in the United States and their impact on households and the macroeconomy. In 2015 the Social Security Administration's old-age and survivors insurance (OASI), disability Insurance (SSDI), and Medicaid programs benefited 90 million adult individuals and accounted for 23% of all government expenditures.

ISBN: 9780355928594Subjects--Topical Terms:

517137
Economics.

The Impact of Social Security Programs on Households and the Macroeconomy.
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500 $a Adviser: Gerhard Glomm.
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520 $a This dissertation is comprised of three chapters concerned with public insurance programs in the United States and their impact on households and the macroeconomy. In 2015 the Social Security Administration's old-age and survivors insurance (OASI), disability Insurance (SSDI), and Medicaid programs benefited 90 million adult individuals and accounted for 23% of all government expenditures.
520 $a In the first chapter, "Medicaid's Long-Term Care Programs and the Macroeconomy", I calibrate an overlapping-generations model to the U.S. economy and quantify the fiscal and welfare implications of the eligibility rules that govern access to Medicaid's care programs. I find that the costs associated with expanding home care benefits among the aged population are partially mitigated by individuals substituting out of institutional care. The substitution is most prevalent among elderly individuals with marginally higher incomes that gain access to Medicaid through a spend-down rule.
520 $a In my second chapter, "Welfare Implications of Uncertain Social Security Reform", I develop a general equilibrium overlapping-generations model in which households are uncertain about the type and timing of an inevitable Social Security reform. I find that the welfare implications of uncertainty are uneven across generations. This paper extends the existing literature on policy uncertainty by examining how the welfare implications of uncertainty are affected by households' beliefs. I find that welfare implications of policy uncertainty are highly sensitive to the specification of households' beliefs.
520 $a The third chapter, "Vocational Considerations and Trends in Social Security Disability", uses a unique state-level data-set to study how vocational demographics relate to SSDI award rates and trends. We find the 55-59 year-old demographic is an important driver of both awards and denials through their high application rates. Consistent with the de jure objective of the vocational grid, high school degree attainment lowers awards both through lower application rates and a higher rate of denial at the vocational stage. Finally, we find that high application states exhibit lower overall allowance rates but higher vocational allowance rates. This suggests that high application states may screen out applicants prior to the vocational stage of the SSDI determination process.
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