<> "The repository administrator has not yet configured an RDF license."^^ . <> . . . "The potential costs of Longevity Risk on Public Pensions. Evidence from Italian data"^^ . "In this article, we assess, through an empirical investigation based on Italian data, how\r\nuncertainty regarding future mortality may affect public pension expenditure. Based\r\non a representative sample of Italian pensioners from 1985 to 2011, we find a consistent\r\nunderestimation of improvements seen in mortality and life expectancy when forecasts\r\nare based on expectations. The pension expenditure estimated using realized mortality\r\nrates is shown to be consistently higher than that obtained by using average forecasted\r\nscenarios, produced with well-known stochastic mortality models. The paper highlights\r\nthe importance of considering the uncertainty regarding future pension benfits, i.e. of\r\nevaluating and managing the longevity risk in public pension plans."^^ . "2017-01" . . "1" . . "IMT School for Advanced Studies Lucca"^^ . . . . . . . . . . . . . "Benedetta"^^ . "Frassi"^^ . "Benedetta Frassi"^^ . . "Fabio"^^ . "Pammolli"^^ . "Fabio Pammolli"^^ . . "Luca"^^ . "Regis"^^ . "Luca Regis"^^ . . . . . . "The potential costs of Longevity Risk on Public Pensions. Evidence from Italian data (PDF)"^^ . . . . . . "EIC_WP_1_2017.pdf"^^ . . . "The potential costs of Longevity Risk on Public Pensions. Evidence from Italian data (Other)"^^ . . . . . . "lightbox.jpg"^^ . . . "The potential costs of Longevity Risk on Public Pensions. Evidence from Italian data (Other)"^^ . . . . . . "preview.jpg"^^ . . . "The potential costs of Longevity Risk on Public Pensions. Evidence from Italian data (Other)"^^ . . . . . . "medium.jpg"^^ . . . "The potential costs of Longevity Risk on Public Pensions. Evidence from Italian data (Other)"^^ . . . . . . "small.jpg"^^ . . "HTML Summary of #3628 \n\nThe potential costs of Longevity Risk on Public Pensions. Evidence from Italian data\n\n" . "text/html" . . . "DG Italy"@en . . . "HB Economic Theory"@en . .