Cristin-resultat-ID: 1423484
Sist endret: 10. januar 2017, 12:56
NVI-rapporteringsår: 2016
Resultat
Vitenskapelig artikkel
2016

Profiting from presenteeism? Effects of an enforced activation policy on firm profits

Bidragsytere:
  • Anna Aasen Godøy

Tidsskrift

Labour Economics
ISSN 0927-5371
e-ISSN 1879-1034
NVI-nivå 2

Om resultatet

Vitenskapelig artikkel
Publiseringsår: 2016
Volum: 43
Hefte: December
Sider: 122 - 128
Open Access

Importkilder

Scopus-ID: 2-s2.0-84986266428

Beskrivelse Beskrivelse

Tittel

Profiting from presenteeism? Effects of an enforced activation policy on firm profits

Sammendrag

Activation requirements and graded benefits are strategies for reducing social insurance costs in comprehensive welfare states. In Norway, a policy of issuing graded rather than full time sickness absence certificates, is viewed as a strategy not just to reduce direct costs of sick pay but also to facilitate returns to work and reduce inflows to permanent disability. This paper analyzes effects of graded sick leave on firm profits, on average and across different firm groups. A series of panel data models are formulated to estimate the effects of grading on firm profits. In these models, grading is found to mitigate the negative effects of sickness absence on firm profit. A one percentage point increase in full time sickness absence leads to a 1.7% reduction in return on assets relative to the sample mean; this negative effect is reduced by 70% when absence is graded. Effects are robust to inclusion of firm fixed effects as well as time-varying proxies for labor demand.

Bidragsytere

Anna Aasen Godøy

  • Tilknyttet:
    Forfatter
    ved Institutt for samfunnsforskning
1 - 1 av 1