Microeconometric Analysis of the Retirement Decision: Italy
This paper exploits an Italian microeconomic data set to study retirement behaviour of women and men using survival analysis techniques. After a brief introduction to the Italian pension system and to the Bank of Italy survey, different specifications of a Cox proportional hazard model are estimated...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
1998
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Schlagworte: | |
| Online-Zugang: | kostenfrei |
| Zusammenfassung: | This paper exploits an Italian microeconomic data set to study retirement behaviour of women and men using survival analysis techniques. After a brief introduction to the Italian pension system and to the Bank of Italy survey, different specifications of a Cox proportional hazard model are estimated. These show clearly that younger generations retire earlier, more educated and self-employed workers retire later, and women tend to postpone exit from the labour force beyond the standard entitlement age. The timing of retirement is inelastic to replacement rates: a 20% reduction of the replacement rate would cause a delay of 2-6 months ... |
| Beschreibung: | 1 Online-Ressource (33 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/514187844751 |
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Datensatz im Suchindex
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:34:58Z |
| indexdate | 2024-12-18T19:03:13Z |
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| language | English |
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| physical | 1 Online-Ressource (33 Seiten) 21 x 29.7cm |
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| spelling | Miniaci, Raffaele Verfasser aut Microeconometric Analysis of the Retirement Decision Italy Raffaele Miniaci Paris OECD Publishing 1998 1 Online-Ressource (33 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers This paper exploits an Italian microeconomic data set to study retirement behaviour of women and men using survival analysis techniques. After a brief introduction to the Italian pension system and to the Bank of Italy survey, different specifications of a Cox proportional hazard model are estimated. These show clearly that younger generations retire earlier, more educated and self-employed workers retire later, and women tend to postpone exit from the labour force beyond the standard entitlement age. The timing of retirement is inelastic to replacement rates: a 20% reduction of the replacement rate would cause a delay of 2-6 months ... Economics Italy https://doi.org/10.1787/514187844751 Verlag kostenfrei Volltext |
| spellingShingle | Miniaci, Raffaele Microeconometric Analysis of the Retirement Decision Italy Economics Italy |
| title | Microeconometric Analysis of the Retirement Decision Italy |
| title_auth | Microeconometric Analysis of the Retirement Decision Italy |
| title_exact_search | Microeconometric Analysis of the Retirement Decision Italy |
| title_exact_search_txtP | Microeconometric Analysis of the Retirement Decision Italy |
| title_full | Microeconometric Analysis of the Retirement Decision Italy Raffaele Miniaci |
| title_fullStr | Microeconometric Analysis of the Retirement Decision Italy Raffaele Miniaci |
| title_full_unstemmed | Microeconometric Analysis of the Retirement Decision Italy Raffaele Miniaci |
| title_short | Microeconometric Analysis of the Retirement Decision |
| title_sort | microeconometric analysis of the retirement decision italy |
| title_sub | Italy |
| topic | Economics Italy |
| topic_facet | Economics Italy |
| url | https://doi.org/10.1787/514187844751 |
| work_keys_str_mv | AT miniaciraffaele microeconometricanalysisoftheretirementdecisionitaly |