2014
DOI: 10.1016/j.euroecorev.2014.07.001
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Economic development and family structure: From pater familias to the nuclear family

Abstract: We provide a theory that is able to account for the observed comovement between the shift in intergenerational living arrangements from coresidence to non-coresidence and economic development. Our theory is consistent with the diminution in the status of the elderly documented by some sociologists. The results from our analysis 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 s… Show more

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Cited by 8 publications
(8 citation statements)
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References 48 publications
(22 reference statements)
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“…See for instance Alvarez-Cuadrado and Poschke (2011)Doepke (2004),Gollin et al (2002),Harris and Todaro (1970),Hansen and Prescott (2002),Harris and Todaro (1970),Kuznets (1966),Lewis (1954),Nurkse (1953),Rostow (1960).4 See for instanceCosta (1997),McGarry and Schoeni (2000), among others. 5Aquilino (1990),Pensieroso and Sommacal (2014),Ruggles (2007),Ward et al (1992),Whittington and Peters (1996), to mention but a few Bethencourt and Rios-Rull (2009). provide a theory compatible with both the affluence and the economic development hypotheses.…”
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confidence: 91%
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“…See for instance Alvarez-Cuadrado and Poschke (2011)Doepke (2004),Gollin et al (2002),Harris and Todaro (1970),Hansen and Prescott (2002),Harris and Todaro (1970),Kuznets (1966),Lewis (1954),Nurkse (1953),Rostow (1960).4 See for instanceCosta (1997),McGarry and Schoeni (2000), among others. 5Aquilino (1990),Pensieroso and Sommacal (2014),Ruggles (2007),Ward et al (1992),Whittington and Peters (1996), to mention but a few Bethencourt and Rios-Rull (2009). provide a theory compatible with both the affluence and the economic development hypotheses.…”
mentioning
confidence: 91%
“…The functional distribution of income changes: the wage earned by the young increases, while the rent earned by the old decreases. We assume collective bargaining among family members in case of coresidence, as in Pensieroso and Sommacal (2014). Accordingly, coresidence is deeply influenced by the relative income of the young with respect to the old, which coincides here with the functional distribution of income.…”
Section: Introductionmentioning
confidence: 99%
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