The browser you are using is not supported by this website. All versions of Internet Explorer are no longer supported, either by us or Microsoft (read more here: https://www.microsoft.com/en-us/microsoft-365/windows/end-of-ie-support).

Please use a modern browser to fully experience our website, such as the newest versions of Edge, Chrome, Firefox or Safari etc.

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.

Publishing year

2004

Language

English

Pages

2004-2009

Publication/Series

American Journal of Public Health

Volume

94

Issue

11

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