Arbeitspapier

Pension reforms and women retirement plans

We analyse the effects of pension reforms on the planned retirement age of women by exploiting within country variation in pension wealth across cohorts of workers in Italy after the Amato and Dini reforms of the early 1990s, which introduced a Notionally Defined Contribution (NDC) method for calculating pension benefits. The effect of the change in the pension regime on retirement decisions is affected by the presence of gaps in careers of women. Binding constraints related to eligibility to pensions indeed reduce the responsiveness of women to changes in pension rules. This explains why, contrary to a priori expectations, men are often found to be more reactive than women to changes in pension rules.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 3821

Classification
Wirtschaft
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Subject
Pensions
social security wealth and accrual
gaps in careers
Rentenreform
Frauenerwerbstätigkeit
Altersgrenze
Erwerbsverlauf
Italien

Event
Geistige Schöpfung
(who)
Boeri, Tito
Brugiavini, Agar
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2008

Handle
URN
urn:nbn:de:101:1-20081127504
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Boeri, Tito
  • Brugiavini, Agar
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2008

Other Objects (12)