Effects of macroeconomic trends on social security spending due to sickness and disability
Author
Summary, in English
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.
Department/s
Publishing year
2004
Language
English
Pages
2004-2009
Publication/Series
American Journal of Public Health
Volume
94
Issue
11
Links
Document type
Journal article
Publisher
Amer Public Health Assoc Inc
Topic
- Public Health, Global Health, Social Medicine and Epidemiology
Status
Published
Research group
- Social Epidemiology
ISBN/ISSN/Other
- ISSN: 1541-0048