Effects of macroeconomic trends on social security spending due to sickness and disability
(2004) In American Journal of Public Health 94(11). p.2004-2009- Abstract
- Objectives. We analyzed the relationship between macroeconomic conditions, measured as unemployment rate and social security spending, from 4 social security schemes and total spending due to sickness and disability. Methods. We obtained aggregated panel data from 13 Organization for Economic Cooperation and Development member countries for 1980-1996. We used regression analysis and fixed effect models to examine spending on sickness benefits, disability pensions, occupational-injury benefits, survivor's pensions, and total spending. Results. A decline in unemployment increased sickness benefits spending and reduced disability pension spending. These effects reversed direction after 4 years of unemployment. Inclusion of mortality rate as... (More)
- Objectives. We analyzed the relationship between macroeconomic conditions, measured as unemployment rate and social security spending, from 4 social security schemes and total spending due to sickness and disability. Methods. We obtained aggregated panel data from 13 Organization for Economic Cooperation and Development member countries for 1980-1996. We used regression analysis and fixed effect models to examine spending on sickness benefits, disability pensions, occupational-injury benefits, survivor's pensions, and total spending. Results. A decline in unemployment increased sickness benefits spending and reduced disability pension spending. These effects reversed direction after 4 years of unemployment. Inclusion of mortality rate as an additional variable in the analysis did not affect the findings. Conclusions. Macroeconomic conditions influence some reimbursements from social security schemes but not total spending. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/261123
- author
- Khan, J ; Gerdtham, Ulf LU and Jansson, B
- organization
- publishing date
- 2004
- type
- Contribution to journal
- publication status
- published
- subject
- in
- American Journal of Public Health
- volume
- 94
- issue
- 11
- pages
- 2004 - 2009
- publisher
- Amer Public Health Assoc Inc
- external identifiers
-
- wos:000224780800037
- pmid:15514244
- scopus:7244247161
- ISSN
- 1541-0048
- language
- English
- LU publication?
- yes
- id
- 16d6da34-fc5a-47dc-bba0-143bda3b7050 (old id 261123)
- alternative location
- http://www.ajph.org/cgi/content/abstract/94/11/2004
- date added to LUP
- 2016-04-01 11:51:35
- date last changed
- 2022-01-26 19:20:24
@article{16d6da34-fc5a-47dc-bba0-143bda3b7050, abstract = {{Objectives. We analyzed the relationship between macroeconomic conditions, measured as unemployment rate and social security spending, from 4 social security schemes and total spending due to sickness and disability. Methods. We obtained aggregated panel data from 13 Organization for Economic Cooperation and Development member countries for 1980-1996. We used regression analysis and fixed effect models to examine spending on sickness benefits, disability pensions, occupational-injury benefits, survivor's pensions, and total spending. Results. A decline in unemployment increased sickness benefits spending and reduced disability pension spending. These effects reversed direction after 4 years of unemployment. Inclusion of mortality rate as an additional variable in the analysis did not affect the findings. Conclusions. Macroeconomic conditions influence some reimbursements from social security schemes but not total spending.}}, author = {{Khan, J and Gerdtham, Ulf and Jansson, B}}, issn = {{1541-0048}}, language = {{eng}}, number = {{11}}, pages = {{2004--2009}}, publisher = {{Amer Public Health Assoc Inc}}, series = {{American Journal of Public Health}}, title = {{Effects of macroeconomic trends on social security spending due to sickness and disability}}, url = {{http://www.ajph.org/cgi/content/abstract/94/11/2004}}, volume = {{94}}, year = {{2004}}, }