The Evolution of Incentives for Retirement in Italy, 1980–2015
This chapter discusses the labor force participation reversal at older ages over the recent decades and relates it to pension reforms, that were particularly relevant in Italy since the early 1990s. It computes retirement financial incentive measures in the public pension system and shows how these vary by age, year, income and education. It also shows how the incentives system depends on the specific features of the earnings profiles of Italian workers by comparing them with those that would obtain if the earnings profiles were as in the common case considered in this volume.
Agar Brugiavini acknowledges funding from the Italian Ministry of Research (2010T8XAXB_005 PRIN project).Guglielmo Weber
Guglielmo Weber acknowledges funding for this project from the Italian Ministry of Research (2010T8XAXB_005 project), and the University of Padova (POPA_EHR project).