The Italian Pension System: A Compact Historical Overview (1898-1970)

• Autores: Alessandro Morselli
• Localización: Rivista di storia economica, ISSN 0393-3415, Vol. 34, Nº. 2, 2018, págs. 241-254
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • This paper provides a compact overview of the evolution and the development of the pension system, in the period between 1898 and 1970, focusing on the aspect of financial equilibrium. After a brief review of the origins of the Italian social security system, the technical methods of financing are considered, analysing the reasons for the crisis of the capital-funded pension scheme and the adoption of the pay-as-you-go scheme.