Advanced Search
MyIDEAS: Login to save this paper or follow this series

The lifetime gender gap in Italy. Do the pension system countervails labour market outcomes?

Contents:

Author Info

  • Roberto Leombruni
  • Michele Mosca
Registered author(s):

    Abstract

    In Italy large work career gender gaps currently exists, particularly regarding wages and activity rates. The paper investigates the issue looking at lifetime incomes, where from the one side all the career gaps tend to accumulate, from the other the redistribution acted by the pension system may mitigate the differences. Exploiting an original database on the entire work careers, we document how the pay gap constantly opens with age and how women tend to cumulate lower seniority. Both gaps have an impact in the pension calculation, so that the day after retirement gender differences are even higher. By means of a microsimulation model we show that the pension system partially countervails labour market outcomes, implying lower differences in lifetime incomes. However, due to the current transition to an actuarially neutral system, the effect is going to vanish in following decades, posing some concerns about future prospects of gender income inequality.

    Download Info

    If 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.
    File URL: http://www.laboratoriorevelli.it/_pdf/wp113.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by LABORatorio R. Revelli, Centre for Employment Studies in its series LABORatorio R. Revelli Working Papers Series with number 113.

    as in new window
    Length:
    Date of creation: 2011
    Date of revision:
    Handle: RePEc:cca:wplabo:113

    Contact details of provider:
    Postal: Via Real Collegio, 30, 10024 Moncalieri (To)
    Phone: +390116705000
    Fax: +390116476847
    Email:
    Web page: http://www.laboratoriorevelli.it/
    More information through EDIRC

    Related research

    Keywords:

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Elena Bardasi & Stephen P. Jenkins, 2010. "The Gender Gap In Private Pensions," Bulletin of Economic Research, Wiley Blackwell, vol. 62(4), pages 343-363, October.
    2. Giuseppe Costa & Roberto Leombruni & Matteo Richiardi, 2008. "Aspettative di vita, lavori usuranti e equità del sistema previdenziale. Prime evidenze dal Work Histories Italian Panel," LABORatorio R. Revelli Working Papers Series 75, LABORatorio R. Revelli, Centre for Employment Studies.
    3. Claudia Olivetti & Barbara Petrongolo, 2008. "Unequal Pay or Unequal Employment? A Cross-Country Analysis of Gender Gaps," Journal of Labor Economics, University of Chicago Press, vol. 26(4), pages 621-654, October.
    4. Daniela Del Boca & Robert M. Sauer, 2006. "Life Cycle Employment and Fertility Across Institutional Environments," Carlo Alberto Notebooks 20, Collegio Carlo Alberto.
    5. Roberto Leombruni & Claudia Villosio, 2005. "Employability of Older Workers in Italy and Europe," LABORatorio R. Revelli Working Papers Series 43, LABORatorio R. Revelli, Centre for Employment Studies.
    6. Ghazala Azmat & Maia Guell & Alan Manning, 2004. "Gender gaps in unemployment rates in OECD countries," LSE Research Online Documents on Economics 19995, London School of Economics and Political Science, LSE Library.
    7. Kunze, Astrid, 2002. "Gender Differences in Entry Wages and Early Career Wages," IZA Discussion Papers 626, Institute for the Study of Labor (IZA).
    8. Emilia Del Bono & Daniela Vuri, 2008. "Job Mobility and the Gender Wage Gap in Italy," CESifo Working Paper Series 2435, CESifo Group Munich.
    9. Roberto Leombruni & Matteo Richiardi, 2006. "LABORsim: an Agent-Based Microsimulation of Labour Supply. An Application to Italy," LABORatorio R. Revelli Working Papers Series 46, LABORatorio R. Revelli, Centre for Employment Studies.
    10. Adriano Paggiaro & Enrico Rettore & Ugo Trivellato, 2009. "The Effect of a Longer Eligibility to a Labour Market Programme for Dismissed Workers," LABOUR, CEIS, vol. 23(1), pages 37-66, 03.
    11. William E. Even & David A. Macpherson, 1994. "Gender Differences in Pensions," Journal of Human Resources, University of Wisconsin Press, vol. 29(2), pages 555-587.
    12. Alan Manning & Joanna Swaffield, 2008. "The gender gap in early-career wage growth," Economic Journal, Royal Economic Society, vol. 118(530), pages 983-1024, 07.
    13. Nopo, Hugo & Daza, Nancy & Ramos, Johanna, 2011. "Gender Earnings Gaps in the World," IZA Discussion Papers 5736, Institute for the Study of Labor (IZA).
    14. Favaro, Donata & Magrini, Stefano, 2008. "Group versus individual discrimination among young workers: A distributional approach," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(5), pages 1856-1879, October.
    15. Daniela Del Boca & Silvia Pasqua & Chiara Pronzato, 2005. "Fertility and Employment in Italy, France, and the UK," LABOUR, CEIS, vol. 19(s1), pages 51-77, December.
    16. Michele Belloni & Carlo Maccheroni, 2013. "Actuarial Fairness When Longevity Increases: An Evaluation of the Italian Pension System," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan, vol. 38(4), pages 638-674, October.
    17. Laura Hospido, 2009. "Gender differences in wage growth and job mobility of young workers in Spain," Investigaciones Economicas, Fundación SEPI, vol. 33(1), pages 5-37, January.
    18. Martin Schindler, 2009. "The Italian Labor Market," IMF Working Papers 09/47, International Monetary Fund.
    19. Sami Napari, 2006. "The Early Career Gender Wage Gap," CEP Discussion Papers dp0738, Centre for Economic Performance, LSE.
    20. F. Alfonso Arellano, 2005. "Evaluating The Effects Of Labour Market Reforms “At The Margin” On Unemployment And Employment Stability: The Spanish Case," Economics Working Papers we051205, Universidad Carlos III, Departamento de Economía.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:cca:wplabo:113. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Giovanni Bert).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.