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Early Retirement in Italy: Recent Trends

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  • Luca Inglese

Abstract

. The analysis presented provides new statistical information on pensioners receiving seniority retirement benefits and highlights the positive effects of specific factors on their pension income. The statistical estimates suggest that work incentives are weak and steady job exits before the normal retirement age continue, especially for civil servants. In particular, since seniority benefits are based on a long contribution history, their corresponding level of pension income is high. This is not true for pensioners receiving old age benefits because of their incomplete work history.

Suggested Citation

  • Luca Inglese, 2003. "Early Retirement in Italy: Recent Trends," LABOUR, CEIS, vol. 17(s1), pages 175-207, August.
  • Handle: RePEc:bla:labour:v:17:y:2003:i:s1:p:175-207
    DOI: 10.1111/1467-9914.17.specialissue.7
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    References listed on IDEAS

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    1. Paul Johnson & Gary Stears, 1998. "Why are Older Pensioners Poorer?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 60(3), pages 271-290, August.
    2. Johnson, Paul & Stears, Gary, 1998. "Why Are Older Pensioners Poorer?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 60(3), pages 271-290, August.
    3. Dilnot, Andrew & Disney, Richard & Johnson, Paul & Whitehouse, Edward, 1994. "Pensions policy in the UK: An economic analysis," MPRA Paper 10478, University Library of Munich, Germany.
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