Economic Development and the Family Structure: from the Pater Familias to the Nuclear Family

Luca Pensieroso and Alessandro Sommacal

No 2010039, LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

Abstract: We 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.

Keywords: Unified Growth Theory; Intergenerational Living Arrangements; Bargaining Power; Family Economics (search for similar items in EconPapers)
JEL-codes: J10 O11 O33 O40 (search for similar items in EconPapers)
Pages: 30
Date: 2010-11-05
New Economics Papers: this item is included in nep-dge and nep-soc
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Economic development and family structure: From pater familias to the nuclear family (2014)
Working Paper: Economic Development and Family Structure: from Pater Familias to the Nuclear Family (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:ctl:louvir:2010039

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