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SICK PAY INSURANCE AND SICKNESS ABSENCE: SOME EUROPEAN CROSS‐COUNTRY OBSERVATIONS AND A REVIEW OF PREVIOUS RESEARCH
Author(s) -
Palme Mårten,
Persson Mats
Publication year - 2020
Publication title -
journal of economic surveys
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.657
H-Index - 92
eISSN - 1467-6419
pISSN - 0950-0804
DOI - 10.1111/joes.12351
Subject(s) - incentive , economics , compensation (psychology) , work (physics) , affect (linguistics) , income protection insurance , public economics , eu countries , actuarial science , demographic economics , insurance policy , general insurance , international economics , european union , microeconomics , sociology , mechanical engineering , psychology , psychoanalysis , engineering , communication
All European countries have some form of compulsory insurance against the loss of income due to temporary disability. The insurance schemes vary widely between countries both in terms of measurable entities (such as the compensation level) as well as in unmeasurable traits concerning the actual implementation of the programs. In this paper we use European Labour Force Survey data to study how the measurable differences in the programs is associated with differences in absence rates. We also summarize the theoretical literature on insurance principles in this field. Based on the empirical literature we then discuss how different forms of incentives may affect the work absence rate.