Gestione del risparmio e della ricchezza finanziaria, previdenza aggiuntiva e azionariato dei lavoratori
AbstractThe paper estimates financial wealth and saving rates that Italian workers should have in order to enjoy incomes after retirement equal to 80% of their previous wages. Relevant variables are: the rate of growth of wages; interest rates; the pension contribution rate; and the ratio of the number of workers to the number of retired people. Financial wealth and financial saving rates ought to be 170-370% and 5.5-16% of labour incomes, respectively. Those values are too big for Italian financial markets. Possible solutions to the problem are examined.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by SIPI Spa in its journal Rivista di Politica Economica.
Volume (Year): 91 (2001)
Issue (Month): 3 (March)
Contact details of provider:
Find related papers by JEL classification:
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
- E - Macroeconomics and Monetary Economics
- J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sabrina Marino).
If references are entirely missing, you can add them using this form.