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AN NBER PUBLICATION ISSUE: No. 1, March 2021

The Bulletin on Retirement and Disability

A free digital quarterly summarizing research in the NBER's Retirement and Disability Research Center
NB20-17
The recent policy debate over a possible increase in the federal minimum wage has renewed interest in understanding its effects. While much attention has been paid to possible effects of minimum wage increases on employment, their potential effects on the Social Security Disability Insurance (SSDI) program have received far less scrutiny. SSDI applications increase during times of high unemployment, suggesting that the demand for SSDI is affected by the availability of...

NB20-04
Article
To understand whether older Americans have adequate financial resources to fund their retirement years, it is necessary to have accurate information about late-life income and assets. Several recent studies have suggested that administrative data and more widely-used survey data do not always provide the same picture of retirement resources. In The Evolution of Late-Life Income and Assets: Measurement in IRS Tax Data and Three Household Surveys (NBER RDRC Working...
NB19-Q3
Article
Individuals with a disabling health condition often experience lower income and higher medical expenses in the wake of disability onset, leading to reduced consumption and well-being. If these individuals are cash-constrained, the value of benefits may be particularly high at the beginning of benefit receipt. In this case, receiving a lump sum could improve beneficiary outcomes more than receiving smaller monthly payments. Social Security Disability Insurance (SSDI)...

Article
The NBER Retirement and Disability Research Center (RDRC) has two competitive training programs for junior scholars. The RDRC is funded by a cooperative agreement with the Social Security Administration through its Retirement and Disability Research Consortium. In a typical year, the programs provide training and education for two or three pre-doctoral scholars and two post-doctoral fellows who are engaged in research focused on topics related to Social Security's Old-Age...
Article
Recently released papers NB20-17: The Minimum Wage and Social Security Disability Insurance, by Mark Duggan and Gopi Shah Goda Abstract: Several factors influence the decision to apply for benefits from the Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) programs, which provided valuable benefits to over 16 million individuals in June 2020. In this study, we examine how changes in the minimum wage affect the number of applications to...

The Bulletin on Retirement and Disability summarizes selected recent Working Papers. It is distributed digitally to economists and other interested persons for informational and discussion purposes. The Bulletin is not copyrighted and may be reproduced freely with attribution of source.

Working Papers produced as part of the NBER's research program are distributed to make preliminary research results available to economists in the hope of encouraging discussion and suggestions for revision before final publication. Neither Working Papers nor issues of the Bulletin on Retirement and Disability are reviewed by the Board of Directors of the NBER.
The Bulletin on Retirement and Disability is edited by Courtney Coile.

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