Starting from a reconstruction of the political context in which the Italian 1995 pension reform took shape, this paper reviews the essential features of the 1995 and post-1995 legislation and assesses its fundamental shortcomings. A straightforward theoretical discussion highlights both the targets and the instruments representing the hallmark of the nonfinancial defined contribution (NDC) model. The contrast of such theoretical premises with the...
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详细
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2019/04/01
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工作文件(编号系列)
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136548
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1
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1
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2019/05/03
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Disclosed
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The Italian NDC Scheme : Evolution and Remaining Potholes
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Canadian Journal of Economics