This paper analyzes the incentives provided by the Italian Social Security System (SS) to supply labor. Italy is an … all retirement income is in the form of SS benefits; (4) the existence of an early retirement provision, which attracts no … actuarial penalty, greatly distorts choices in favor of early retirement. This paper addresses the above issue by first …

This paper analyzes the incentives provided by the Italian Social Security System (SS) to supply labor. Italy is an … all retirement income is in the form of SS benefits; (4) the existence of an early retirement provision, which attracts no … actuarial penalty, greatly distorts choices in favor of early retirement. This paper addresses the above issue by first …

-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in …

This paper provides empirical evidence on the effect of changing the retirement age on employment. Base on individual … data from Hungary, a country where a number of hikes increased the retirement age between 1997 and 2009, this analysis … the effect. Results suggest that the effect of the changes in early retirement age is substantial, amounting to 5 …