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Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 6482
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
We evaluate the effects of a reduction in the generosity of disability benefits in Spain that occurred in 2008. The main objective of the reform was to reduce the amount of benefits for individuals that do not have a long contributory history as the reform introduced a disincentive to apply to the system if the individual does not have 35 years of effective contributions. Theoretical insights are gained with a life-cycle model with heterogeneous disabled workers. The model's simulations predict a reduction in the incentives to apply for disability benefits for partially disabled individuals who do not reach the 35 years of contributions. Diff-in-diff estimates are consistent with our model predictions.
Schlagwörter: 
disability benefits reform
life-cycle model
policy evaluation
JEL: 
C33
I18
H51
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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