Social Security Programs and Retirement Around the World: Disability Insurance Programs and Retirement - Introduction and Summary
This is the introduction and summary to the sixth phase of an ongoing project on Social Security Programs and Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the strong relationship across countries between social security incentives to retire and the proportion of older persons out of the labor force. The second phase documented the large effects that changing plan provisions would have on the labor force participation of older workers. The third phase demonstrated the consequent fiscal implications that extending labor force participation would have on net program costs--reducing government social security benefit payments and increasing government tax revenues. The fourth phase presented analyses of the relationship between the labor force participation of older persons and the labor force participation of younger persons in twelve countries. We found no evidence that increasing the employment of older persons will reduce the employment opportunities of youth and no evidence that increasing the employment of older persons will increase the unemployment of youth. The fifth phase on "Historical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reforms" was intended to set the stage for this current phase.
This sixth phase of the ongoing ISS project is particularly related to the fifth phase (Wise, 2012) and the second phase (Gruber and Wise, 2004) of the project. This volume continues the focus of the previous volume on DI programs while extending the methodology to study retirement behavior used in the second phase to focus in particular on the effects of the DI programs. The key question this volume seeks to address is: given health status, to what extent are differences in labor force participation across countries determined by the provisions of disability insurance programs?
Funding for this project was provided by the National Institute on Aging grant numbers P01-AG005842 and P30-AG012810 to the National Bureau of Economic Research. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Institute on Aging, the National Institutes of Health, or the National Bureau of Economic Research. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
Kevin S. Milligan
This document attempts to disclose completely my potential conflicts of interest, using the principles circulated by the American Economic Association on January 5, 2012.
Item (2): Sources of support:
“Each author of a submitted article should identify each interested party from whom he or she has received significant financial support, summing to at least $10,000 in the past three years, …”
The following corresponds to the calendar years 2009-2012. Below is a complete listing of sources of support that exceed $10,000. For several of these, a grant flowed through a research organization. I have tried to list both the research organization and ultimate source of the funds.
1. University of British Columbia: salary. (2009 2010 2011 2012)
2. Simon Fraser University, Centre for Education Research and Policy: visitor stipend. (2009)
3. National Institute on Aging / National Bureau of Economic Research: stipend for International Social Security project. (2009 2010)
4. Prairie Research Associates / Human Resources and Skills Development Canada: consulting on National Child Benefit. (2009 2010)
5. Canada West Foundation / Western Economic Diversification Canada: stipend for paper on taxation. (2009)
6. Bavarian Graduate Program in Economics: teaching stipend. (2009)
7. Research Working Group on Retirement Income Adequacy in support of the Council of Federal, Provincial, and Territorial Finance Ministers: stipend for paper. (2009)
8. National Bureau of Economic Research / Social Security Administration: stipend for paper. (2010 2011)
9. Canadian Labour Market and Skills Researcher Network / Human Resources and Skills Development Canada: stipend for paper. (2009)
10. Social Science and Humanities Research Council of Canada: Standard Research Grant. (2009 2010 2011)
11. National Bureau of Economic Research / Sloan Foundation: stipend for paper. (2011)
12. Canadian Tax Foundation: funding for conference. (2011)
13. Canadian Labour Market and Skills Researcher Network / Human Resources and Skills Development Canada: Research grant for papers on retirement. (2010 2011 2012)
Item (3): relevant paid or unpaid positions:
“Each author should disclose any paid or unpaid positions as officer, director, or board member of relevant non-profit advocacy organizations or profit-making entities.”
The following list covers activities in the years 2009-2012:
1. Economic Advisor to ‘Smart Tax Alliance’ during referendum on Harmonized Sales Tax. (Unpaid) (2011)
2. Editor, Canadian Tax Journal. (Paid) (2011 2012)
3. Associate Editor, Canadian Public Policy. (Paid) (2009 2010 2011)
4. Associate Editor, Canadian Journal of Economics. (Unpaid) (2009)
5. Associate Editor, Journal of Pension Economics and Finance. (Unpaid) (2011 2012)
6. Academic Director, British Columbia Interuniversity Research Data Centre (Unpaid; teaching release). Funded by UBC/UVIC/SFU/UNBC/SSHRC/CIHR. (2009 2010 2011 2012)
7. President and sole shareholder of KAYEMM CONSULTANCY INCORPORATED, through which some of the above funds have been received. (2010 2011 2012)
8. Board of Directors, Wesley Place Ltd., Vancouver BC. (Unpaid) (2012)
9. Board of Directors, National Tax Association. (Unpaid) (2011 2012)
Item (4): disclosure for close relative or partner
I had no domestic partner in the years 2009-2012.
1. Research Associate, National Bureau of Economic Research. (Unpaid) (2009 2010 2011 2012)
2. Research Fellow, C.D. Howe Institute. (Unpaid) (2009 2010 2011 2012)
3. Occasional contributor, Economy Lab, Globe and Mail. (Unpaid) (2010 2011 2012)
I hold shares in companies through broadly-diversified mutual funds and investment vehicles. I do not directly hold shares of any corporation (except for KAYEMM CONSULTANCY as noted above).
I am not a member of any political party at the municipal, provincial, or federal levels.David A. Wise
David Wise received support for this research from the National Institute on Aging, grant numbers P01-AG005842
- In the U.S. and many developed countries, older men's labor force participation declined steeply after WWII, during the same period that...
Introduction to "Social Security Programs and Retirement Around the World: Disability Insurance Programs and Retirement", Courtney Coile, Kevin Milligan, David A. Wise. in Social Security Programs and Retirement Around the World: Disability Insurance Programs and Retirement, Wise. 2016