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Social Security Programs and Retirement around the WorldWorking Longer$
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Courtney C. Coile, Kevin Milligan, and David A. Wise

Print publication date: 2019

Print ISBN-13: 9780226619293

Published to Chicago Scholarship Online: September 2020

DOI: 10.7208/chicago/9780226619323.001.0001

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Employment at Older Ages

Employment at Older Ages

Evidence from Italy

(p.147) 6 Employment at Older Ages
Social Security Programs and Retirement around the World

Agar Brugiavini

Giacomo Pasini

Guglielmo Weber

University of Chicago Press

This chapter discusses the changes in labor force participation and employment of older Italian individuals over the past thirty five years. We observe a U-shaped time profile in the employment rate of Italian men, particularly for the age-group 55-59. The reversal in the early decline takes place around the years 2002-2003, and is partly attributable to pension reforms, partly to the increase in the fraction of educated individuals, who started working at later ages. Improvements in health and longevity don’t seem to have played the expected role, as health was improving also in the earlier sample period when employment and labor force participation were falling. For women, there is an upward trend in labor force participation, that was reinforced by pension reforms and education.

Keywords:   labor force participation, employment, Italy, pension, health, longevity

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