2 research outputs found
The duration of disability pensions in Iceland
Hægt er að lesa greinina í heild sinni með því að smella á hlekkinn View/OpenOBJECTIVE: To analyze the long-term outcome for recipients of disability pension in Iceland. MATERIAL AND METHODS: The study includes all those receiving disability pension for the first time in 1992 in Iceland. Their status in the disability register at the State Social Security Institute of Iceland November 30th 2004 was examined as to whether they were still receiving disability pension, had died, had reached the age of retirement or were not receiving disability pension any more for some other reasons. RESULTS: In 1992 there were 725 new recipients of disability pension in Iceland, 428 females and 297 males. Twelve years later 434 from this group were no longer receiving disability pension, 240 females and 194 males. In most cases this was because they had reached the age of retirement or died (on average 88% of the females and 91% of the males each year). Only 12% of the females and 9% of the males ceased to receive disability pension (and probably went back to work). CONCLUSION: In Iceland few people return to work once they have started receiving disability pension
INSTITUTE OF ECONOMIC STUDIES Evolution of Financial Institutions: Iceland's Path from Repression to Eruption Evolution of Financial Institutions: Iceland's Path from Repression to Eruption
Abstract Iceland is the smallest sovereign state in the world that has an independent monetary policy. In the last 120 years the country has experienced four types of financial institutions: barter, an immature liberal system, a repressed financial market, and a full-fledged liberal market. The examination of institutional change in Iceland in the financial area provides interesting empirical evidence on the role of alternative financial institutions in economic development. The financial liberalization in the 1990s has generated a startling internationalization of Icelandic businesses