 oo busy to stay at work. How willing are Italian workers “to pay†for earlier retirement?Flavia Coda Moscarola,
Riccardo Calcagno () and
Elsa Fornero ()
Economics Bulletin, 2017, vol. 37, issue 3, 1694-1707 Abstract: Using a representative sample of Italian workers aged 55+, we survey their understanding of the recent (2011) pension reform and analyse their preference for earlier retirement and willingness to pay for exiting the workforce a year earlier. The preference for earlier retirement is particularly strong for women and for workers who were obliged by the reform to postpone retirement. As for the willingness to pay, we find that women who are involved in informal care of children are willing to pay significantly more than women who are not caregivers, and more than men. In terms of policy, our findings point to the need for considering side effects of reforms and of integrating policy measures. In particular, when a pension system compensates for gaps in other welfare programs (like providing early retirement as a substitute for lack of public care services), its reform may cause social mismatches unless supplemented by appropriate changes in these other programs. Keywords: pension reforms; anticipated retirement; gender bias; caregiving (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-17-00149 Access Statistics for this article More articles in Economics Bulletin from AccessEcon |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.