We investigate the asymptotic behavior of the WALS estimator, a model-averaging estimator with attractive finite-sample and computational properties. WALS is closely related to the normal location model, and hence much of the paper concerns the asymptotic behavior of the estimator of the unknown...

In this paper I review evidence on the long-run relation between height and economic development in Italy. I ask three questions: What are the long-run trends of mean height and real incomes in Italy? What do we know about height dispersion? What other aspects of the distribution of height...

This paper looks at the relationship between the institutional design of the social security system and retirement from the labour force in three countries: Italy, Spain and the USA. Our works stresses the importance of dynamic incentives embedded in social security systems throughout the world...

This paper uses administrative data to study the retirement decisions of Italian private-sector non-agricultural employees during the period 1977-97. Our analysis tries to assess the importance of the financial incentives built into the social security system. The basic idea is very simple: at...

Height data offer insights into the well-being of populations and historical periods for which other indicators are lacking. Researchers modeling historical heights have typically relied on the restrictive assumption of a normal (Gaussian) distribution, only the mean of which is affected by age,...

This paper considers the issue of actuarial fairness of the new Italian public pension system in view of the recent trends in old-age mortality and the survival differences by gender, birth cohort and region of residence. After reviewing the secular trends in elderly mortality in Italy, and the...