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Autores principales: Baker, Matthew J., Jacobsen, Joyce P.
Formato: Preprint
Publicado: 2024
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Acceso en línea:https://arxiv.org/abs/2407.09638
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author Baker, Matthew J.
Jacobsen, Joyce P.
author_facet Baker, Matthew J.
Jacobsen, Joyce P.
contents We examine how production and the development of property rights interact with cultural transmission to shape the treatment of the elderly across societies. Our model posits that respect for the elderly arises endogenously: parents invest in cultivating cultural values in their children, who later reciprocate in proportion to this investment. We show that this model is functionally equivalent to one in which cultural goods are transferred by the elderly. We focus on the distinct roles of property rights, finding that while insecure output rights may promote elderly welfare, secure rights over productive resources can have comparable benefits. The model reveals a nonlinear relationship between cultural sophistication, property rights, and economic factors such as the capital and land intensity of production, driving variations in elderly well-being across societies. Finally, we consider how the model suggests demographic, technological, and policy changes influence elderly well-being across the spectrum of development.
format Preprint
id arxiv_https___arxiv_org_abs_2407_09638
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Cultural Transmission, Property Rights, and Treatment of the Elderly
Baker, Matthew J.
Jacobsen, Joyce P.
General Economics
Economics
We examine how production and the development of property rights interact with cultural transmission to shape the treatment of the elderly across societies. Our model posits that respect for the elderly arises endogenously: parents invest in cultivating cultural values in their children, who later reciprocate in proportion to this investment. We show that this model is functionally equivalent to one in which cultural goods are transferred by the elderly. We focus on the distinct roles of property rights, finding that while insecure output rights may promote elderly welfare, secure rights over productive resources can have comparable benefits. The model reveals a nonlinear relationship between cultural sophistication, property rights, and economic factors such as the capital and land intensity of production, driving variations in elderly well-being across societies. Finally, we consider how the model suggests demographic, technological, and policy changes influence elderly well-being across the spectrum of development.
title Cultural Transmission, Property Rights, and Treatment of the Elderly
topic General Economics
Economics
url https://arxiv.org/abs/2407.09638