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

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.

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Year of publication:	2014
Authors:	Pensieroso, Luca ; Sommacal, Alessandro
Published in:	European Economic Review. - Elsevier, ISSN 0014-2921. - Vol. 71.2014, C, p. 80-100
Publisher:	Elsevier
Subject:	Growth theory \| Intergenerational living arrangements \| Bargaining power \| Family economics

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Type of publication:	Article
Classification:	O40 - Economic Growth and Aggregate Productivity. General ; O11 - Macroeconomic Analyses of Economic Development ; O33 - Technological Change: Choices and Consequences; Diffusion Processes ; J10 - Demographic Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010939664