Pensieroso L., Sommacal A. (2014).
Economic development and family structure: from pater familias to the nuclear Family. European Economic Review, vol. 71, pp. 80-100.
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