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Tracking the Italian employees'TFR over their working life careers

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  • Carolina Fugazza

    ()
    (Università di Torino and CeRP-Collegio Carlo Alberto)

Abstract

In this paper we evaluate the expected evolution of the Trattamento di ?ne rapporto over the Italian employees?working life careers. We use adiminstrative (INPS) data to disentangle the amount that is expected to be accumulated until retirement, the amount expected not to accrue because of discountinuos working careers and/or paid as an anticipated withdrawal. This is relevant in the light of the recent pension system reforms that encourage the diversion of the TFR to pension funds.

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File URL: http://fileserver.carloalberto.org/cerp/WP_125.pdf
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Bibliographic Info

Paper provided by Center for Research on Pensions and Welfare Policies, Turin (Italy) in its series CeRP Working Papers with number 125.

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Length: 42 pages
Date of creation: 2011
Date of revision:
Handle: RePEc:crp:wpaper:125

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  1. Flinn, C. & Heckman, J., 1982. "New methods for analyzing structural models of labor force dynamics," Journal of Econometrics, Elsevier, vol. 18(1), pages 115-168, January.
  2. Pietro Garibaldi, 2004. "Do Larger Severance Payments Increase Individual Job Duration?," 2004 Meeting Papers 445b, Society for Economic Dynamics.
  3. Arulampalam, Wiji & Booth, Alison L & Taylor, Mark P, 2000. "Unemployment Persistence," Oxford Economic Papers, Oxford University Press, vol. 52(1), pages 24-50, January.
  4. Hurd, Michael & Panis, Constantijn, 2006. "The choice to cash out pension rights at job change or retirement," Journal of Public Economics, Elsevier, vol. 90(12), pages 2213-2227, December.
  5. Daniela Fabbri & Mario Padula, 2001. "Judicial Costs and Household Debt," CSEF Working Papers 65, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
  6. Engelhardt, Gary V., 2002. "Pre-Retirement Lump-Sum Pension Distributions and Retirement Income Security: Evidence from the Health and Retirement Study," National Tax Journal, National Tax Association, vol. 55(4), pages 665-85, December .
  7. Borella, Margherita & Fornero, Elsa & Rossi, Mariacristina, 2009. "Does consumption respond to predicted increases in cash-hand availability?: Evidence from the Italian "severance pay"," Economics Letters, Elsevier, vol. 105(1), pages 127-129, October.
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