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Disability Risk and the Value of Disability Insurance

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NBER2005-09-01 更新2025-01-04 收录
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We estimate consumers' valuation of disability insurance using a stochastic lifecycle framework in which disability is modeled as permanent, involuntary retirement. We base our probabilities of worklimiting disability on 25 years of data from the Current Population Survey and examine the changes in

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2005-09-01
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