Daily archives: 3. August 2021

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Impact on the Italian demographic structure

Giacomo Caracciolo, Salvatore Lo Bello, Dario Pellegrino: An assessment on the potential impact of COVID-19 on the Italian demographic structure; in Bank of Italy, Economic Research and International Relations Area (ed.): Questioni di Economia e Finanza (Occasional Papers) 622 (June 2021). Relative to past pandemics, the mortality effects of Covid-19 on the demographic structure are likely smaller. However, the behavioural effects of the economic crisis on the decisions to have children and to migrate may be substantial. The literature on the relationship between the economic cycle and demographics uncovers the potential of the unemployment rate to predict fertility and migrations.