Population Dynamics and Regional Social Security Sustainability in Italy

Mariangela Bonasia () and Rita De Siano ()

Regional Studies, 2016, vol. 50, issue 1, 124-136

Abstract: 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.

Date: 2016
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Working Paper: Population Dynamics and Regional Social Security Sustainability in Italy (2012)
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DOI: 10.1080/00343404.2014.899692

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