Abstract
The main aim of this study is to measure and evaluate the participation of aged people in the labour market in Italy based on the AAI and to identify determinants. We used Istat data from official surveys harmonized at European level or based on samples which are representative at national and subnational level. In Italy the increase in retirement age and discouragement of early retirement have determined deep changes in the age composition of the Italian workforce, with employment rate of aged workers increased considerably. Considering the multifaceted nature of active ageing, we used Principle Components Analysis to identify the main factors that contribute to strengthening the employability of aged people. 18 related AAI indicators were considered and specific attention has been devoted also to macro-economic indicators such as investments, availability of infrastructures, etc. that could contribute to regional imbalances. The analysis shows that the variability of regional employment rate can be explained by the two ACP factors individuated: territory characteristics and individual well-being. Regression analysis (10 regression models were developed for panel data and random effects all controlled for ages 55–64 years and over 65 s) has provided clear indications on the determinants: the first factor seems to have more influence on the employment rate in the case of over 65s while the second factor has a greater influence for workers aged 55–64.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.