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In this study, we analyse the actuarial features of the Italian pension system after the 1995 reform. We consider both the old defined benefit, the pro-rata and the new notional defined contribution pension rules applied to private sector employees born between 1945 and 2000. In the...
Persistent link: https://www.econbiz.de/10013117345
This work proposes a backtesting analysis that compares the Lee-Carter and the Cairns-Blake-Dowd mortality models, employing Italian data. The mortality data come from the Italian National Statistics Institute (ISTAT) database and span the period 1975-2014, over which we computed...
Persistent link: https://www.econbiz.de/10011996657
Persistent link: https://www.econbiz.de/10008635807
In this article we propose household scenarios in a selection of EU countries until 2031. Since household projections are derived from those of the population we have compared the results achieved applying the recent EUROSTAT projection: EUROPOP2004 (Baseline Scenario) and EUROPOP2008. To these...
Persistent link: https://www.econbiz.de/10010631724
This work proposes a backtesting analysis that compares the Lee–Carter and the Cairns–Blake–Dowd mortality models, employing Italian data. The mortality data come from the Italian National Statistics Institute (ISTAT) database and span the period 1975–2014, over which we computed...
Persistent link: https://www.econbiz.de/10011688226
We investigate behavioral responses to the generosity of Disability Insurance (DI) within the context of work compatibility. Exploiting an institutional discontinuity leading to exogenous variation in replacement rates, we use rich administrative data on the work and health histories of Italian...
Persistent link: https://www.econbiz.de/10014533873
Using Italian data, we estimate an option value model to quantify the effectof financial incentives on retirement choices. As far as we know, this isthe first empirical study to estimate the conditional multiple-years modelput forward by Stock and Wise (1990). This implies that we account...
Persistent link: https://www.econbiz.de/10010325652
This study exploits a new dataset in order to quantify the effect of financial incentives on retirement choices. This dataset contains for the first time in Italy information on seniority. In accordance with the general finding in Gruber and Wise (2004), we find that financial incentives have an...
Persistent link: https://www.econbiz.de/10010326024
This NEUJOBS research report focuses on links between age, productivity and lifelong learning. Various data sources (EU-SILC, LFS, Structure of Earnings Survey, SHARE, ELSA, SHARELIFE) and methodological approaches were used in this report. Our analysis identifies clusters of countries with...
Persistent link: https://www.econbiz.de/10010326575
This paper presents the overall status, characteristics, and policy framework of the housing sector and the initiatives towards energy efficiency in residential buildings in Belgium in order to assess the market demand for EuroPACE - an on-tax financing scheme for home retrofits. In fact, there...
Persistent link: https://www.econbiz.de/10012387276