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Measuring the Value of Disability Insurance from Take-Up Decisions

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NBER2026-07-01 更新2026-07-15 收录
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The central trade-off for designing Disability Insurance (DI) is between providing insurance to those in need while maintaining incentives to work. This paper develops a novel revealed-preference approach to identify the insurance value of DI benefits. We show that comparing the DI take-up response

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2026-07-01
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