. The macroeconomic data indicate that households' saving has dropped significantly, although Italy continues to rank above … most other countries in terms of saving. We then examine with microeconomic data four indicators of household financial … pension system, the fall in saving is a concern, particularly for individuals who entered the labor market after the 1995 …

regime, severance pay was proportional to the final salary before retirement; under the new regime it is proportional to …

individual and aggregate saving, fiscal policy and social security, focusing on the most important contributions of Modigliani on …

. The macroeconomic data indicate that households saving has dropped significantly, although Italy continues to rank above … most other countries in terms of saving. We then examine with microeconomic data four indicators of household financial … pension system, the fall in saving is a concern, particularly for individuals who entered the labor market after the 1995 …

The Paper reviews the literature on these tax incentives, with special focus on long-term saving, housing, and … household liabilities. The Paper addresses several areas of policy intervention: (1) the interest rate effect on personal saving …; (2) the effect of tax incentives on long-term mandatory saving programmes; (3) government programmes that target saving …

We estimate the effect of pension reforms on households' expectations of retirement outcomes and private wealth … expectations of the age at which workers expect to retire and of the ratio of pension benefits to pre-retirement income between …