Towards an Economics of Disability: The Magnitude and Structure of Transfer and Medical Costs

Monroe Berkowitz and William G. Johnson

Journal of Human Resources, 1970, vol. 5, issue 3

Abstract: This paper attempts to provide a conceptual and statistical basis for future research into the problem of disability and its economic costs. The concept of a "workmen's disability income system" is introduced as a means of defining the boundaries of the problem. The rationale for the existence of many different transfer payment programs is analyzed. Aggregate transfer payments for disability to those of labor force age amounted to approximately $14 billion in 1967; medical costs totalled more than $20 billion, and survivor payments were crudely estimated to be nearly $3 billion. These estimates are used to derive a first approximation of economic losses of nearly $43 billion in 1967.

Date: 1970
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.jstor.org/stable/pdfplus/144606
A subscription is required to access pdf files. Pay per article is available.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:uwp:jhriss:v:5:y:1970:i:3:p:

Access Statistics for this article

More articles in Journal of Human Resources from University of Wisconsin Press
Bibliographic data for series maintained by ().