Population Dynamics and Regional Social Security Sustainability in Italy
Mariangela Bonasia () and
Rita De Siano ()
Regional Studies, 2016, vol. 50, issue 1, 124-136
B onasia M. and D e S iano R. Population dynamics and regional social security sustainability in Italy, Regional Studies . Making due allowances for differences in demographics, the labour market and internal migration dynamics, this study analyses the sustainability of the Italian pension balance at a regional level. A worsening of the elderly dependency ratio and a decline in birth and employment rates have generated a negative trend, particularly for regions in southern Italy, characterized by early retirement and an increase in migration outflows. The suggestion is that a decentralized pension policy is not a Pareto-efficient solution because it would favour the sustainability of the pension balance in northern regions over those in the South.
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Working Paper: Population Dynamics and Regional Social Security Sustainability in Italy (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:taf:regstd:v:50:y:2016:i:1:p:124-136
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