We study the effect of a reform of the Swedish disability insurance (DI) program whereby the special eligibility rules for workers in the age group 60 to 64 were abolished. First, we use a differences-in-differences approach to study changes in the disability take-up as compared to the age group...

The agricultural yield is affected by several risks, main of them are not controllable by humans. For this reason, the CAP has established several interventions to help guaranteeing a stable and appropriate income to farmers. One of the main policy interventions established in the current CAP...

Private insurance markets provide insufficient coverage for risks coming from natural disasters. We argue that in such markets the typical market failure is mainly due to reasons other than asymmetric information. More specifically, the low probability of a disaster, together with the height of...

L’assicurazione contro la disoccupazione involontaria in molti paesi sviluppati costituisce uno dei cardini delle politiche di sostegno del reddito dei lavoratori. In Italia, invece, ha un ruolo piuttosto marginale. Inoltre, è da molti anni oggetto di critiche, segnatamente per il basso tasso...

This paper examines the retirement decisions of Italian households using data from the Survey on Household Income and Wealth (SHIW) for 2008. The analysis focuses on the adequacy of pension wealth, knowledge of supplementary retirement rules, the determinants of enrolment decisions and...

In striking contrast with the majority of other European economies, the UK pension system does not pose problems of financial sustainability to public finances. Public expenditure for pensions is foreseen to remain relatively stable for the next 50 years, around 5 percent of GDP, thanks to the...