Great Recession and disability insurance in Spain

In this paper, we explore the relationship between economic conditions and disability insurance (DI) participation in Spain during the Great Recession. Using individual-level longitudinal data, we show that DI awards are procyclical, contrary to the countercyclical behavior found in most of the prev...

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Detalles Bibliográficos
Autores: Jimenez-Martin, Sergi, Juanmartí Mestres, Arnau, Vall-Castelló, Judit
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2019
País:España
Institución:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repositorio:Recercat. Dipósit de la Recerca de Catalunya
OAI Identifier:oai:recercat.cat:10230/69241
Acceso en línea:http://hdl.handle.net/10230/69241
http://dx.doi.org/10.1007/s00181-017-1396-1
Access Level:acceso abierto
Palabra clave:Disability insurance
Business cycle
Great Recession
Procyclical health
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spelling Great Recession and disability insurance in SpainJimenez-Martin, SergiJuanmartí Mestres, ArnauVall-Castelló, JuditDisability insuranceBusiness cycleGreat RecessionProcyclical healthIn this paper, we explore the relationship between economic conditions and disability insurance (DI) participation in Spain during the Great Recession. Using individual-level longitudinal data, we show that DI awards are procyclical, contrary to the countercyclical behavior found in most of the previous literature. We show that DI applications are not responsive to the business cycle and that economic conditions have no effect on the composition of new DI awardees, suggesting that DI participation in Spain is not driven by partially disabled individuals resorting to the DI program as a result of bad labor market conditions. Furthermore, we argue that the procyclical behavior of DI awards may be driven by an informal increase in screening stringency and by an improvement in the health status of the population as a result of worse economic conditions.We gratefully acknowledge financial support from Recercaixa for the 2014 project “Promoting the labour market integration of disabled workers: A policy evaluation exercise for Spain” and from the Spanish Ministry of Economy Grant ECO2014-52238-R. We thank participants at the XXXV Spanish Health Economics Congress held in 2015 in Granada, the CRES-UPF seminar series and the 2015 “Health at Work” workshop held at Université Paris-Dauphine for valuable comments.Springer202520252019info:eu-repo/semantics/articleinfo:eu-repo/semantics/acceptedVersionapplication/pdfapplication/pdfhttp://hdl.handle.net/10230/69241http://dx.doi.org/10.1007/s00181-017-1396-1reponame:Recercat. Dipósit de la Recerca de Catalunyainstname:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)InglésEmpirical Economics. 2019;56:1623-45info:eu-repo/grantAgreement/ES/1PE/ECO2014-52238-RThis version of the article has been accepted for publication, after peer review (when applicable) and is subject to Springer Nature’s AM terms of use, but is not the Version of Record and does not reflect post-acceptance improvements, or any corrections. The Version of Record is available online at: http://dx.doi.org/10.1007/s00181-017-1396-1.info:eu-repo/semantics/openAccessoai:recercat.cat:10230/692412026-05-29T05:05:01Z
dc.title.none.fl_str_mv Great Recession and disability insurance in Spain
title Great Recession and disability insurance in Spain
spellingShingle Great Recession and disability insurance in Spain
Jimenez-Martin, Sergi
Disability insurance
Business cycle
Great Recession
Procyclical health
title_short Great Recession and disability insurance in Spain
title_full Great Recession and disability insurance in Spain
title_fullStr Great Recession and disability insurance in Spain
title_full_unstemmed Great Recession and disability insurance in Spain
title_sort Great Recession and disability insurance in Spain
dc.creator.none.fl_str_mv Jimenez-Martin, Sergi
Juanmartí Mestres, Arnau
Vall-Castelló, Judit
author Jimenez-Martin, Sergi
author_facet Jimenez-Martin, Sergi
Juanmartí Mestres, Arnau
Vall-Castelló, Judit
author_role author
author2 Juanmartí Mestres, Arnau
Vall-Castelló, Judit
author2_role author
author
dc.subject.none.fl_str_mv Disability insurance
Business cycle
Great Recession
Procyclical health
topic Disability insurance
Business cycle
Great Recession
Procyclical health
description In this paper, we explore the relationship between economic conditions and disability insurance (DI) participation in Spain during the Great Recession. Using individual-level longitudinal data, we show that DI awards are procyclical, contrary to the countercyclical behavior found in most of the previous literature. We show that DI applications are not responsive to the business cycle and that economic conditions have no effect on the composition of new DI awardees, suggesting that DI participation in Spain is not driven by partially disabled individuals resorting to the DI program as a result of bad labor market conditions. Furthermore, we argue that the procyclical behavior of DI awards may be driven by an informal increase in screening stringency and by an improvement in the health status of the population as a result of worse economic conditions.
publishDate 2019
dc.date.none.fl_str_mv 2019
2025
2025
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/acceptedVersion
format article
status_str acceptedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/10230/69241
http://dx.doi.org/10.1007/s00181-017-1396-1
url http://hdl.handle.net/10230/69241
http://dx.doi.org/10.1007/s00181-017-1396-1
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Empirical Economics. 2019;56:1623-45
info:eu-repo/grantAgreement/ES/1PE/ECO2014-52238-R
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Springer
publisher.none.fl_str_mv Springer
dc.source.none.fl_str_mv reponame:Recercat. Dipósit de la Recerca de Catalunya
instname:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
instname_str Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
reponame_str Recercat. Dipósit de la Recerca de Catalunya
collection Recercat. Dipósit de la Recerca de Catalunya
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