Early Announcement of a Public Pension Reform in Italy: Working Paper 2006-01

Marika Santoro

No 17588, Working Papers from Congressional Budget Office

Abstract: There has been much discussion about the need for public pension reforms in most of the Organization for Economic Cooperation and Development (OECD) countries, but what is the macroeconomic impact of announcing reforms in advance? The Italian pension system reform in 1992 represents an illustrative case to address this question. The Italian government announced the pension system reform with the aim of slowing the growth of the system’s expenditures by raising the eligibility retirement age. The present paper develops an overlapping generations (OLG) model, with endogenous

Date: 2006-01-01
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.cbo.gov/sites/default/files/109th-cong ... gpaper/2006-01_0.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbo:wpaper:17588

Access Statistics for this paper

More papers in Working Papers from Congressional Budget Office Contact information at EDIRC.
Bibliographic data for series maintained by ().