Job loss and disability insurance

Bernt Bratsberg (), Elisabeth Fevang () and Knut Røed ()

Labour Economics, 2013, vol. 24, issue C, 137-150

Abstract: Based on administrative register data matched with firms' financial statements and closure data collected from bankruptcy proceedings, we show that a large fraction of Norwegian disability insurance claims can be directly attributed to job displacement and other adverse shocks to employment opportunities. For men, we estimate that job loss more than doubles the risk of permanent disability retirement and accounts for one quarter of new disability insurance claims. Firm profitability and tightness of the local labor market also significantly affect employees' likelihood of disability program entry, and the adverse effects of displacement grow stronger when local labor market conditions deteriorate.

Keywords: Disability; Displacement; Social insurance; Employment opportunities (search for similar items in EconPapers)
JEL-codes: H55 I12 I38 J63 J65 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (35)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:labeco:v:24:y:2013:i:c:p:137-150

DOI: 10.1016/j.labeco.2013.08.004

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