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Cultural Transmission, Technology, and Treatment of the Elderly

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  • Matthew J. Baker
  • Joyce P. Jacobsen

Abstract

We discuss the interrelationship between the treatment of the elderly, the nature of production, and the transmission of culture. Respect for the elderly is endogenous. Parents cultivate an interest in consuming culture in their children; when they are older, children compensate their elders proportional to the degree to which their interests were previously cultivated. We show that this model is functionally equivalent to one in which cultural goods are transferred across generations. We focus on the relative well-being of the elderly and use the model to explain patterns in their relative well-being across societies. An important theme is that the cultivation of culture and norms for the respect and support of the elderly bear a nonlinear relationship with many economic variables, such as capital and or land intensity in production. We also discuss the interaction of property rights with production, assets such as productive resources, and relative treatment of the elderly. Insecurity of some types of property rights, such as rights over output, may benefit the elderly, while secure rights over productive resources may also benefit the elderly. We discuss how the elderly could be affected by demographic, technological and policy changes in both developing and developed economies.

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  • Matthew J. Baker & Joyce P. Jacobsen, 2024. "Cultural Transmission, Technology, and Treatment of the Elderly," Papers 2407.09638, arXiv.org.
    • Handle: RePEc:arx:papers:2407.09638
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    References listed on IDEAS

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    1. Varvarigos, Dimitrios, 2021. "Upstream intergenerational transfers in economic development: The role of family ties and their cultural transmission," Journal of Mathematical Economics, Elsevier, vol. 96(C).
    2. Matthew J. Baker & Joyce P. Jacobsen, 2007. "A Human Capital-Based Theory of Postmarital Residence Rules," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 23(1), pages 208-241, April.
    3. David N. Weil & Oded Galor, 2000. "Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond," American Economic Review, American Economic Association, vol. 90(4), pages 806-828, September.
    4. Matthew J. Baker, 2003. "An Equilibrium Conflict Model of Land Tenure in Hunter-Gatherer Societies," Journal of Political Economy, University of Chicago Press, vol. 111(1), pages 124-173, February.
    5. Matthew Baker, 2008. "A structural model of the transition to agriculture," Journal of Economic Growth, Springer, vol. 13(4), pages 257-292, December.
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