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 preand post-reform cohorts of private sector employees and estimate that adding one year to minimum retirement age ncreases 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.

Brunello, G., & Comi, S. (2013). The Side Effect of Pension Reforms on Training: Evidence from Italy [Working paper].

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

COMI, SIMONA LORENA
2013

Abstract

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 preand post-reform cohorts of private sector employees and estimate that adding one year to minimum retirement age ncreases 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.
Working paper
No
Scientifica
pension reforms; training; Italy;
English
Brunello, G., & Comi, S. (2013). The Side Effect of Pension Reforms on Training: Evidence from Italy [Working paper].
Brunello, G; Comi, S
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/10281/48959
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