English, , 321kb
The main focus of this working paper is on the factors of the Greek pay-as-you-go system which result in its future unsustainability.
English, , 324kb
Using overlapping generations (OLG) models calibrated on 7 OECD countries - the United States, Japan, France, Canada, Italy, the United Kingdom and Sweden - the authors investigate the macroeconomic impact of possible pension reform strategies as populations age.
This working paper exploits an Italian microeconomic data set to study retirement behaviour of women and men using survival analysis techniques.