On a Theoretical Analysis on the Family and Economic Growth
Stephen Odedoyin
MPRA Paper from University Library of Munich, Germany
Abstract:
The paper considers the prospects of constructing theoretical postulates on the family that is consistent with some of the main features of economic growth. Theoretical abstraction of the parameters involved based on the intergenerational dynastic model is analyzed and compared to evidence. Descriptive and analytical technique were employed in analyzing the model. Nonmarket productivity levels and their effect on initial human capital endowment of households were also considered.
Keywords: per capita income; human capital endowments; intergenerational transfer; eudaemonic effect (search for similar items in EconPapers)
JEL-codes: D1 D13 (search for similar items in EconPapers)
Date: 2016-08-14, Revised 2019-06-10
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:94425
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