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. [The authors] 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 per cent, depending on the empirical specification. [The authors] 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 ... Show more

Authors: Brunello, Giorgio; Comi, Simona

Published: Bonn, Germany, IZA, 2013

Resource type: Report, paper or authored book

Physical description: 23 p.

Access item: http://ftp.iza.org/dp7755.pdf

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