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The Effect of Economic Conditions on the Disability Insurance Program: Evidence from the Great Recession

Nicole Maestas, Kathleen J. Mullen, Alexander Strand

NBER Working Paper No. 25338
Issued in December 2018

---- Acknowledgments ----

This research was supported by 1) the U.S. Social Security Administration (SSA) through grant #1 DRC12000002-04 to the National Bureau of Economic Research (NBER) as part of the SSA Disability Research Consortium; and 2) the National Institutes of Health/National Institute on Aging (1R01AG056239). The findings and conclusions expressed are solely those of the author(s) and do not represent the views of SSA, NIH, any agency of the United States Government, or the NBER. Neither the United States Government nor any agency thereof, nor any of their employees, makes any warranty, expressed or implied, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of the contents of this research. Reference herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise does not necessarily constitute or imply endorsement, recommendation or favoring by the United States Government or any agency thereof. We thank Francoise Becker, Fred Galeas, George Green and Thuy Ho for sharing their expertise with the data; Ken Couch, Austin Nichols, and David Stapleton for helpful comments; and Linda Li for diligent research assistance.

---- Disclosure of Financial Relationships for Nicole Maestas ----

Disclosure Statement

Date: December 11, 2018

Author: Nicole Maestas, Harvard University and NBER

Paper: “The Effect of Economic Conditions on the Disability Insurance Program: Evidence from the Great Recession”

1. Sources of financial support for the research.

This research was supported by 1) the U.S. Social Security Administration (SSA) through grant #1 DRC12000002-04 to the National Bureau of Economic Research (NBER) as part of the SSA Disability Research Consortium; and 2) the National Institutes of Health/National Institute on Aging (1R01AG056239). The findings and conclusions expressed are solely those of the author(s) and do not represent the views of SSA, NIH, any agency of the United States Government, or the NBER.

2. Each interested party from whom he or she has received significant financial support, summing to at least $10,000 in the past three years, in the form of consultant fees, retainers, grants and the like.

I list below all parties from which I have received $10K+ in the last three years. I do not think that any of these entities is an “interested party” but I am erring on the side of completeness.

a. Alfred P. Sloan Foundation (research grants)

b. Social Security Administration (research grants)

c. National Institutes of Health/National Institute on Aging (research grants)

d. National Bureau of Economic Research (employment, honoraria)

e. University of St. Gallen, St. Gallen, Switzerland (teaching/visiting)

3. Each author should disclose any paid or unpaid positions as officer, director, or board member of relevant non-profit organizations or profit-making entities. A “relevant” organization is one whose policy positions, goals, or financial interests relate to the article.

a. Director, NBER Retirement and Disability Research Consortium (funded by the Social Security Administration)

4. The disclosures required above apply to any close relative or partner of any author.

No spousal or family-related potential COIs.

5. Each author must disclose if another party had the right to review the paper prior to its circulation.

The Social Security Administration had the right to review this paper prior to release for factual accuracy and confidentiality non-disclosure.

---- Disclosure of Financial Relationships for Kathleen J. Mullen ----

I have received financial support summing to at least $10,000 in the past three years from the following organizations:

(1) U.S. Social Security Administration

(2) The Alfred P. Sloan Foundation

(3) The National Institute on Aging

---- Disclosure of Financial Relationships for Alexander Strand ----

Alexander Strand is employed by the U.S. Social Security Administration (SSA).

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