In this paper we investigate the size of the consumption drop at retirement in Italy. We use micro data on food and total non-durable household spending covering the period 1993-2004, and evaluate the change in consumption that accompanies retirement by exploiting the exogenous variability in...

Current labour force counting relies on general guidelines set by the International Labour Office(ILO) to classify individuals into three labour force states: employment, unemployment and in activity. However, the resulting statistics areknown to be sensitive to slight variations of operational...

<p>In this paper we investigate the size of the consumption drop at retirement in Italy. We use micro data on food and total non-durable household spending covering the period 1993-2004, and evaluate the change in consumption that accompanies retirement by exploiting the exogenous variability in...</p>

Current labour force counting relies on general guidelines set by the International Labour Office(ILO) to classify individuals into three labour force states: employment, unemployment and in activity. However, the resulting statistics areknown to be sensitive to slight variations of operational...