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Old-Age Support and Demographic Transition in Developing Countries. A cultural Transmission Model
OLIVERA ANGULO, Javier
2013
 

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Keywords :
Cultural Transmission; Intergenerational Transfers; Fertility
Abstract :
[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.
Disciplines :
Social economics
Author, co-author :
OLIVERA ANGULO, Javier ;  University of Luxembourg > Faculty of Language and Literature, Humanities, Arts and Education (FLSHASE) > Integrative Research Unit: Social and Individual Development (INSIDE)
Language :
English
Title :
Old-Age Support and Demographic Transition in Developing Countries. A cultural Transmission Model
Publication date :
May 2013
Publisher :
University College Dublin, Dublin, Ireland
Number of pages :
36
Available on ORBilu :
since 12 May 2014

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