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.
Pensieroso, L., & Sommacal, A. (2014). Economic development and family structure: From pater familias to the nuclear family. European Economic Review, 71, 80-100. https://doi.org/10.1016/j.euroecorev.2014.07.001 (Original work published 2014)