Barros, Pedro PitaGianola, Francesco2018-10-092021-06-062018-06-06http://hdl.handle.net/10362/48476This paper estimates if and to what extend older Italians could work, given their health status. It does so by comparing actual labour force participation rates to counterfactual participation rates. One participation rate is constructed through a non-parametric method, comparing actual rates with past ones, holding death rate, a proxy for health, constant. The other method creates a counterfactual rate by comparing younger and older individuals with the same health status. The results of both analyses point towards spare work capacity among the Italian male and female workforce of 5.97 years or 57% in terms of additional participation rate (for males) depending on the method, years and age. Results are in line with ndings for developed countries following the same approach.engAgeingWorkHealthmaster thesis201974401