86,718 research outputs found
Absenteeism, childcare and the effectiveness of pension reforms
No full textBoth economic and epidemiological literature have shown that perceived high strain
at work and lack of social infrastructures are good predictors of sick leave. The latter
is particularly relevant in countries where facilities for children and care services
are scarce and women are asked to fill the gap. The Italian 2011 pension reform
significantly restricted age and seniority requirements for retirement, especially for
women in private employment. We investigated whether older Italian employed
women reacted to the postponement of retirement by increasing their sick leave.
The empirical analysis offers unequivocal evidence that this has indeed been the
case, in particular, for low-income grandmothers living in regions with a poor supply
of childcare services. Radical reforms risk losing some of their effectiveness if they are
not accompanied by parallel measures designed to introduce the welfare provisions
previously indirectly and inadequately provided by the pension system, such as
care facilities
The Family as an Informal Market and the (Low) Mobility of the Italian Young
No full textWithin the framework of family informal exchanges, we analyze whether parents influence their children's residential choices, particularly in the case of children being subject to binding credit constraints. Because of an age-increasing probability of care needs, parents enjoy the benefits of their children's proximity, and may reward them with a wealth transfer. We model a positive relationship between proximity and transfers: a) living closer to parents is associated with higher financial transfers and b) children's credit constraints strengthen the effect. Using the Bank of Italy Survey on Household Income and Wealth, we then test whether parental transfers affect the children's residential mobility and whether higher transfers induce greater proximity. Our results are in line with the model's predictions: parental transfers influence the children's residential choice; the effect is larger the higher the transfer and is more pronounced for credit-constrained households
Too busy to stay at work. How willing are Italian workers to "pay" for earlier retirement?
No full textUsing a representative sample of Italian workers aged 55+, we survey their understanding of the recent (2011) pension
reform and analyse their preference for earlier retirement and willingness to pay for exiting the workforce a year
earlier. The preference for earlier retirement is particularly strong for women and for workers who were obliged by the
reform to postpone retirement. As for the willingness to pay, we find that women who are involved in informal care of
children are willing to pay significantly more than women who are not caregivers, and more than men. In terms of
policy, our findings point to the need for considering side effects of reforms and of integrating policy measures. In
particular, when a pension system compensates for gaps in other welfare programs (like providing early retirement as a
substitute for lack of public care services), its reform may cause social mismatches unless supplemented by
appropriate changes in these other programs
Support for pension reforms: What is the role of financial literacy and pension knowledge?
No full textDespite the relevance of the issue of pension system sustainability in most advanced economies, the factors associated with the opposition to pension reforms are still under-studied. In this paper, we investigate the correlation between financial, pension and institutional knowledge and support for pension reforms. Using an ad hoc module of the SHARE data for Italy, we find that financially literate and pension knowledgeable individuals are more willing to accept pension reforms. In particular, individuals with a basic level of pension knowledge recognize that population ageing, low economic growth, and low contributions by the young make the public pension system hardly sustainable
Realizzazione di un Apparato di Misura Primario per la Determinazione dello Spessore e della Comprimibilità di Materiali Isolanti Utilizzati nei Pavimenti Galleggianti
No full textLa compensazione dei crediti di lavoro
No full textIl capitolo tratta della compensazione dei crediti di lavoro, con particolare attenzione alla c.d. compensazione atipica o impropri
Reverse mortgage: a tool to reduce old age poverty without sacrificing social inclusion
No full text▸ Homeownership is widespread, in Europe, particularly among older people, with even lowincome
households holding a significant amount of housing wealth
▸ Because of the low liquidity of housing wealth, homeownership can create a mismatch
between disposable income and capital. We argue that reverse mortgages – which convert
housing wealth into a stream of income flows – could represent a powerful device against
income vulnerability in old age
▸ This argument is supported by our (first) estimates that show that reverse mortgages could
indeed play an important role in protecting older households against consumption shortfalls
without displacing them from their home, thus contributing to their social inclusion.
This is especially true for countries like Spain, Belgium, Italy and France
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