Employment at Older Ages: Evidence from Italy
Chapter in NBER book Social Security Programs and Retirement around the World: Working Longer (2019), Courtney C. Coile, Kevin Milligan, and David A. Wise, editors (p. 147 - 162)
This chapter discusses the changes in labor force participation and employment of older Italian individuals over the past thirty five years. We observe a U-shaped time profile in the employment rate of Italian men, particularly for the age-group 55-59. The reversal in the early decline takes place around the years 2002-2003, and is partly attributable to pension reforms, partly to the increase in the fraction of educated individuals, who started working at later ages. Improvements in health and longevity don’t seem to have played the expected role, as health was improving also in the earlier sample period when employment and labor force participation were falling. For women, there is an upward trend in labor force participation, that was reinforced by pension reforms and education.This chapter is no longer available for free download, since the book has been published. To obtain a copy, you must buy the book.
Order from Amazon.com