Economic Development and the Family Structure: From the Pater Familias to the Nuclear Family

ECONPUBBLICA Working Paper No. 150

30 Pages Posted: 5 Mar 2012

See all articles by Luca Pensieroso

Luca Pensieroso

IRES, Université catholique de Louvain

Alessandro Sommacal

Universite Catholique de Louvain - Institut de Recherches Economiques et Sociales (IRES)

Date Written: October 1, 2010

Abstract

In this article, we provide a theory that is able to account for the observed co-movement between the shift in intergenerational living arrangements from coresidence to non-coresidence and economic growth. Our theory is consistent with the diminution in the status of the elderly documented by somesociologists. A significant implication of our theory is that while explanations of the shift in the living arrangements that are based on pure economic factors are compatible with the evidence, those relying on cultural factors are not.

Keywords: Uni ed Growth Theory, Intergenerational Living Arrangements, Bargaining Power, Family Economics

JEL Classification: O40, O11, O33, J10

Suggested Citation

Pensieroso, Luca and Sommacal, Alessandro, Economic Development and the Family Structure: From the Pater Familias to the Nuclear Family (October 1, 2010). ECONPUBBLICA Working Paper No. 150, Available at SSRN: https://ssrn.com/abstract=2014644 or http://dx.doi.org/10.2139/ssrn.2014644

Luca Pensieroso (Contact Author)

IRES, Université catholique de Louvain ( email )

Place Montesquieu 3
B1348 Louvain-la-Neuve, 1348
Belgium
+3210473508 (Phone)

HOME PAGE: http://perso.uclouvain.be/luca.pensieroso/Luca/Home.html

Alessandro Sommacal

Universite Catholique de Louvain - Institut de Recherches Economiques et Sociales (IRES) ( email )

3, Place Montesquieu
1348 Louvain-la-Neuve
Belgium

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