Authors:

  • Alberto Alesina
  • Paola Giuliano

Excerpt

The Power of the Family. Alberto Alesina and Paola Giuliano, April 2007, Paper. "The structure of family relationships influences economic behavior and attitudes. We define our measure of family ties using individual responses from the World Value Survey regarding the role of the family and the love and respect that children need to have for their parents for over 70 countries. We show that strong family ties imply more reliance on the family as an economic unit which provides goods and services and less on the market and on the government for social insurance..." Link