Reference : Old-Age Support and Demographic Transition in Developing Countries. A cultural Transm... |
E-prints/Working papers : Already available on another site | |||
Business & economic sciences : Social economics | |||
http://hdl.handle.net/10993/16646 | |||
Old-Age Support and Demographic Transition in Developing Countries. A cultural Transmission Model | |
English | |
Olivera Angulo, Javier ![]() | |
May-2013 | |
University College Dublin | |
UCD Geary Institute Working Paper Series 2013/07 | |
36 | |
No | |
Dublin | |
Ireland | |
[en] Cultural Transmission ; Intergenerational Transfers ; Fertility | |
[en] We model intergenerational old-age support within the context of a developing
country that faces demographic transition: declining fertility and increasing life expectancy. We attempt to answer if agents will be able to support their parents during the next generations and under what conditions. For this purpose we use a three period overlapping generations model and a cultural transmission process, in which agents may be socialized to different cultural family models (old-age supporters and non-supporters). As life expectancy increases, we find conditions under which a reduced fertility rate is compatible with the expectation to be supported during old-age. This offers an additional explanation for the persistency of family old-age support in developing countries facing demographic transsition. | |
http://hdl.handle.net/10993/16646 | |
http://www.ucd.ie/geary/static/publications/workingpapers/gearywp201307.pdf |
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