Jump to ContentJump to Main Navigation
Research Findings in the Economics of Aging$
Users without a subscription are not able to see the full content.

David A. Wise

Print publication date: 2010

Print ISBN-13: 9780226903064

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226903088.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2017. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use (for details see http://www.chicago.universitypressscholarship.com/page/privacy-policy).date: 24 April 2018

Work Disability: The Effects of Demography, Health, and Disability Insurance

Work Disability: The Effects of Demography, Health, and Disability Insurance

(p.37) 2 Work Disability: The Effects of Demography, Health, and Disability Insurance
Research Findings in the Economics of Aging

Axel Börsch-Supan

University of Chicago Press

This chapter points to a tradeoff in the provision of disability insurance. Understanding the trade-off between its role as a health dependent social safety net and its use as a broader early retirement program is important for the design of a modern social security system, particularly at a time of financial strain on income support systems in most countries. Three explanations commonly offered for the large variation in disability insurance spending across countries: demographics, health, and institutions. First, while all European countries are aging, the specific age demographics of the population vary considerably from one country to another. A second potential cause for the cross-national variation is international variation in health and disability status, beyond just the difference in demographic composition. Third, public pension and disability support systems exert large incentive effects, which, according to each country's legislation and policies, significantly increase or decrease the take-up of benefits. The results of the cross-country study indicate that demographic and health-related differences explain very little of the cross-national variation in disability enrollment rates.

Keywords:   demography, health, disability insurance, social safety, retirement program

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.