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On a Theoretical Analysis on the Family and Economic Growth

Author

Listed:
  • Odedoyin, Stephen

Abstract

The paper considers the prospects of constructing theoretical postulates on the family that is consistent with some of the main features of economic growth. Theoretical abstraction of the parameters involved based on the intergenerational dynastic model is analyzed and compared to evidence. Descriptive and analytical technique were employed in analyzing the model. Nonmarket productivity levels and their effect on initial human capital endowment of households were also considered.

Suggested Citation

  • Odedoyin, Stephen, 2016. "On a Theoretical Analysis on the Family and Economic Growth," MPRA Paper 94425, University Library of Munich, Germany, revised 10 Jun 2019.
    • Handle: RePEc:pra:mprapa:94425
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    File URL: https://mpra.ub.uni-muenchen.de/94425/1/MPRA_paper_94425.pdf
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    More about this item

    Keywords

    per capita income; human capital endowments; intergenerational transfer; eudaemonic effect;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation

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