Economic Development and the Family Structure: from the Pater Familias to the Nuclear Family
AbstractWe provide a theory that is able to account for the observed comovement between the shift in intergenerational living arrangements from coresidence to non-coresidence and economic development. Our theory is consistent with the diminution in the status of the elderly documented by some sociologists. The results from our analysis show that, when technical progress is fast enough, the economy experiences a shift from stagnation to growth, there is a transition from coresidence to non-coresidence, and the social status of the elderly tends to deteriorate.
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Bibliographic InfoPaper provided by Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) in its series Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) with number 2010039.
Date of creation: 05 Nov 2010
Date of revision:
Unified Growth Theory; Intergenerational Living Arrangements; Bargaining Power; Family Economics;
Find related papers by JEL classification:
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-12-11 (All new papers)
- NEP-DGE-2010-12-11 (Dynamic General Equilibrium)
- NEP-SOC-2010-12-11 (Social Norms & Social Capital)
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