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Effects of macroeconomic trends on social security spending due to sickness and disability

Khan, J; Gerdtham, Ulf LU and Jansson, B (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)
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author
organization
publishing date
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
2007-10-23 18:30:27
date last changed
2017-01-01 04:36:39
@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},
  volume       = {94},
  year         = {2004},
}