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
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)
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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:eee:eecrev:v:71:y:2014:i:c:p:80-100
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