Article
Economic development and family structure: From pater familias to the nuclear family
European Economic Review
(2014)
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,
- Ingergenerational living arrangements,
- Bargaining power,
- Family economics
Disciplines
Publication Date
2014
DOI
http://dx.doi.org/10.1016/j.euroecorev.2014.07.001
Citation Information
Luca Pensieroso and Alessandro Sommacal. "Economic development and family structure: From pater familias to the nuclear family" European Economic Review (2014) Available at: http://works.bepress.com/luca_pensieroso/12/