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Economic development and family structure: From pater familias to the nuclear family

Luca Pensieroso () and Alessandro Sommacal ()

European Economic Review, 2014, vol. 71, issue C, 80-100

Abstract: We provide a theory of the interaction between intergenerational living arrangements and economic development. We 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: Growth theory; Intergenerational living arrangements; Bargaining power; Family economics (search for similar items in EconPapers)
JEL-codes: O40 O11 O33 J10 (search for similar items in EconPapers)
Date: 2014
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Related works:
Working Paper: Economic Development and Family Structure: from Pater Familias to the Nuclear Family (2012) Downloads
Working Paper: Economic Development and the Family Structure: from the Pater Familias to the Nuclear Family (2010) Downloads
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DOI: 10.1016/j.euroecorev.2014.07.001

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