Retirement rigidities and the gap between effective and desired labour supply by older workers

Trucchi, Serena ORCID: https://orcid.org/0000-0002-1932-7201, Fornero, Elsa and Rossi, Mariacristina 2018. Retirement rigidities and the gap between effective and desired labour supply by older workers. IZA Journal of Labor Policy 7 (1) , 10. 10.1186/s40173-018-0103-y

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Abstract

Our paper analyses the observed and desired labour supply by older workers and (recent) retirees in a country (Italy) with limited opportunities for flexible work schedules. To this purpose, we use a dataset drawn from the Bank of Italy’s Survey on Household Income and Wealth providing information on desired and actual working hours. Our empirical analysis documents the gap between older individuals’ desired and observed labour supply at both the extensive and the intensive margins and traces it back to gender, education and family composition. The paper provides useful insights into the potential usefulness of policies such as gradual retirement and part-time work in increasing older workers’ employment.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Publisher:	SpringerOpen
ISSN:	2193-9004
Date of First Compliant Deposit:	18 February 2020
Date of Acceptance:	24 September 2018
Last Modified:	05 May 2023 22:31
URI:	https://orca.cardiff.ac.uk/id/eprint/129732

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