Great recession and disability insurance in Spain
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Tag | 1 | 2 | Value |
---|---|---|---|
LDR | 00000cam a22000004b 4500 | ||
001 | MAP20170020400 | ||
003 | MAP | ||
005 | 20170621133005.0 | ||
008 | 170619s2016 esp |||fs 000 u eng d | ||
040 | $aMAP$bspa$dMAP | ||
084 | $a43 | ||
100 | 1 | $0MAPA20080284961$aJiménez-Martín, Sergi | |
245 | 0 | 0 | $aGreat recession and disability insurance in Spain$cSergi Jiménez-Martín, Arnau Juanmarti Mestres, Judit Vall Castelló |
260 | $aBarcelona$bUniversitat Pompeu Fabra [etc.]$c2016 | ||
300 | $a24 p | ||
490 | 0 | $aDocumento de Trabajo$v2017/08 | |
520 | $aIn this paper, we exploit the strong incidence of the Great Recession in Spain to estimate the effect of economic conditions on participation in Disability Insurance (DI). Using individual panel data, we show that increases in the local unemployment rate are associated with a reduction in the individual probability to enter the DI program during the Great Recession in Spain. Using aggregate data on applications, we show that this procyclical behavior of DI awards comes from an increase in the proportion of applications that are denied. Thus, contrary to the previous literature that has extensively reported a countercyclical behavior of DI participation, our results provide new evidence that, in periods of extremely recessionary conditions, DI participation may turn procyclical. | ||
650 | 4 | $0MAPA20080562144$aDiscapacidad | |
650 | 4 | $0MAPA20090040410$aRecesión económica | |
650 | 4 | $0MAPA20080586300$aMercado de trabajo | |
650 | 4 | $0MAPA20080593407$aSeguro de invalidez | |
651 | 1 | $0MAPA20080637736$aEspaña | |
700 | 1 | $0MAPA20170007777$aJuanmarti Mestres, Arnau | |
700 | 1 | $0MAPA20170007784$aVall Castelló, Judit | |
710 | 2 | $0MAPA20080464035$aFundación de Estudios de Economía Aplicada | |
710 | 2 | $0MAPA20080643782$aUniversidad Pompeu Fabra | |
830 | 0 | $0MAPA20080514709$aDocumento de trabajo |