Tag: health shocks

Portrait of a mature woman in a wheelchair looking out a window

Abstract Temporary Disability Insurance (TDI) provides workers with wage replacement while they recover from a serious medical condition.  Proponents of a national paid leave program argue that these benefits allow workers to adjust to health shocks and return to the workforce, reducing reliance on Social Security Disability Insurance (DI).  Yet, TDI could also encourage DI…

Mature,Businessman,With,Beard,In,Glasses,Wearing,Gray,Jacket,Holding

In a horse race of competing explanations, health “shocks” win out. More than a third of older workers retire earlier than planned: the question is why?  My colleagues and I attempted to answer that question in a recent study.  The analysis uses data from the longitudinal Health and Retirement Study, collected between 1992 and 2012.&nbs…