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Article
Economic development and family structure: From pater familias to the nuclear family
European Economic Review (2014)
  • Luca Pensieroso, Université catholique de Louvain
  • Alessandro Sommacal
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
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/