Working horizon and labour supply: the effect of raising the full retirement age on middle-aged individuals
Francesca Carta () and
Marta De Philippis ()
No 1314, Temi di discussione (Economic working papers) from Bank of Italy, Economic Research and International Relations Area
This paper analyses the effects of raising the statutory full retirement age on the labour force participation of middle-aged individuals and their partners. Identification relies on a difference-in-differences setting that exploits the large heterogeneous increase in the age eligibility for retirement caused by an unexpected Italian pension reform. We detect a sizeable increase in the participation rate of middle-aged women that spills over into their husbands' labour supply, who choose to postpone their retirement decision.
Keywords: family economics; labour supply; retirement (search for similar items in EconPapers)
JEL-codes: J16 J22 J26 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-cwa, nep-eur and nep-lma
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Persistent link: https://EconPapers.repec.org/RePEc:bdi:wptemi:td_1314_21
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