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

Author

Listed:
  • Luca PENSIEROSO

    (UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES) and FNRS)

  • Alessandro SOMMACAL

    (Department of Economics, University of Verona; Econpubblica, Bocconi University)

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 status of the elderly tends to deteriorate.

Suggested Citation

  • Luca PENSIEROSO & Alessandro SOMMACAL, 2010. "Economic Development and the Family Structure: from the Pater Familias to the Nuclear Family," LIDAM Discussion Papers IRES 2010039, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  • Handle: RePEc:ctl:louvir:2010039
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    File URL: http://sites.uclouvain.be/econ/DP/IRES/2010039.pdf
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    References listed on IDEAS

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    Cited by:

    1. Pensieroso, Luca & Sommacal, Alessandro & Spolverini, Gaia, 2023. "Intergenerational coresidence and the Covid-19 pandemic in the United States," Economics & Human Biology, Elsevier, vol. 49(C).
    2. Thomas TB Baudin & Bram De Rock & Paula Eugenia Gobbi, 2021. "Economics and Family Structures," Working Papers ECARES 2021-21, ULB -- Universite Libre de Bruxelles.
    3. de la Croix, David & Perrin, Faustine, 2018. "How far can economic incentives explain the French fertility and education transition?," European Economic Review, Elsevier, vol. 108(C), pages 221-245.
    4. David de la Croix & Faustine Perrin, 2016. "French Fertility and Education Transition: Rational Choice vs. Cultural Diffusion," LIDAM Discussion Papers IRES 2016007, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    5. Platteau, Jean-Philippe & Guirkinger, Catherine, 2019. "The dynamics of family systems: lessons from past and present times," CEPR Discussion Papers 13570, C.E.P.R. Discussion Papers.
    6. Luca Pensieroso & Alessandro Sommacal, 2019. "Agriculture to Industry: the End of Intergenerational Coresidence," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 34, pages 87-102, October.
    7. Yi Zhang, 2015. "“Take My Mother-in-law…Please!”," Journal of Family and Economic Issues, Springer, vol. 36(4), pages 633-645, December.

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    More about this item

    Keywords

    Unified Growth Theory; Intergenerational Living Arrangements; Bargaining Power; Family Economics;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General

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