Arbeitspapier

The Side Effect of Pension Reforms on Training: Evidence from Italy

Due to pension reforms, minimum retirement age increased substantially in Italy between the second part of the 1990s and the early 2000s. We compare the training participation of pre- and post-reform cohorts of private sector employees and estimate that adding one year to minimum retirement age increases training incidence by 6.9 to 10.7 percent, depending on the empirical specification. We find that policies that increase the residual working horizon are effective in increasing training participation by senior workers, and that traditional training policies that aim at reducing training costs by providing subsidies are ineffective.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 7755

Klassifikation
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Retirement; Retirement Policies
Thema
training
pension reforms
Italy

Ereignis
Geistige Schöpfung
(wer)
Brunello, Giorgio
Comi, Simona
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Brunello, Giorgio
  • Comi, Simona
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2013

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