Brugiavini, Agar; Peracchi, Franco; Wise, David A. - In: Giornale degli Economisti 61 (2002) 2, pp. 131-169
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 work stresses the importance of dynamic incentives embedded in social security systems throughout the world...