Human capital, intrinsic motivation and poverty of elderly in later life
This research analyzes the linkage between elderly poverty and children’s human capital level via income distribution, in which fertility decisions are motivated by old-age support with the assumption that the parents are non-altruistic. The paper provides a mathematical model looking at the relatio...
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| Format: | Article |
| Language: | English English |
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Universiti Kebangsaan Malaysia
2018
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| Online Access: | http://irep.iium.edu.my/66865/ http://irep.iium.edu.my/66865/1/66865_Human%20Capital%2C%20Intrinsic%20Motivation%20and%20Poverty_article.pdf http://irep.iium.edu.my/66865/2/66865_Human%20Capital%2C%20Intrinsic%20Motivation%20and%20Poverty_scopus.pdf |
| _version_ | 1848786657871921152 |
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| author | Mat Salleh, Supian Halid, Noreha |
| author_facet | Mat Salleh, Supian Halid, Noreha |
| author_sort | Mat Salleh, Supian |
| building | IIUM Repository |
| collection | Online Access |
| description | This research analyzes the linkage between elderly poverty and children’s human capital level via income distribution, in which fertility decisions are motivated by old-age support with the assumption that the parents are non-altruistic. The paper provides a mathematical model looking at the relationship of old age poverty and the children human capital level with intrinsic motivation. Under the assumption that the parents depend solely on the children as the source of income in old age, the paper applies the overlapping generation model by incorporating intrinsic motivation. This study shows that, in the absence of public education, parents who choose not to invest in the private education of their children will be locked in a poverty trap. However, children with higher motivation show an improvement in their human capital evolution, and, thus, help the parents escape the poverty trap regardless of the parental economic status. |
| first_indexed | 2025-11-14T17:12:32Z |
| format | Article |
| id | iium-66865 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T17:12:32Z |
| publishDate | 2018 |
| publisher | Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-668652018-10-17T04:14:06Z http://irep.iium.edu.my/66865/ Human capital, intrinsic motivation and poverty of elderly in later life Mat Salleh, Supian Halid, Noreha HD28 Management. Industrial Management HD72 Economic growth, development, planning This research analyzes the linkage between elderly poverty and children’s human capital level via income distribution, in which fertility decisions are motivated by old-age support with the assumption that the parents are non-altruistic. The paper provides a mathematical model looking at the relationship of old age poverty and the children human capital level with intrinsic motivation. Under the assumption that the parents depend solely on the children as the source of income in old age, the paper applies the overlapping generation model by incorporating intrinsic motivation. This study shows that, in the absence of public education, parents who choose not to invest in the private education of their children will be locked in a poverty trap. However, children with higher motivation show an improvement in their human capital evolution, and, thus, help the parents escape the poverty trap regardless of the parental economic status. Universiti Kebangsaan Malaysia 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/66865/1/66865_Human%20Capital%2C%20Intrinsic%20Motivation%20and%20Poverty_article.pdf application/pdf en http://irep.iium.edu.my/66865/2/66865_Human%20Capital%2C%20Intrinsic%20Motivation%20and%20Poverty_scopus.pdf Mat Salleh, Supian and Halid, Noreha (2018) Human capital, intrinsic motivation and poverty of elderly in later life. Jurnal Ekonomi Malaysia, 52 (1). pp. 167-184. ISSN 0126-1962 http://www.ukm.my/fep/jem/pdf/2018-52(1)/jeko_52(1)-13.pdf |
| spellingShingle | HD28 Management. Industrial Management HD72 Economic growth, development, planning Mat Salleh, Supian Halid, Noreha Human capital, intrinsic motivation and poverty of elderly in later life |
| title | Human capital, intrinsic motivation and poverty of elderly in later life |
| title_full | Human capital, intrinsic motivation and poverty of elderly in later life |
| title_fullStr | Human capital, intrinsic motivation and poverty of elderly in later life |
| title_full_unstemmed | Human capital, intrinsic motivation and poverty of elderly in later life |
| title_short | Human capital, intrinsic motivation and poverty of elderly in later life |
| title_sort | human capital, intrinsic motivation and poverty of elderly in later life |
| topic | HD28 Management. Industrial Management HD72 Economic growth, development, planning |
| url | http://irep.iium.edu.my/66865/ http://irep.iium.edu.my/66865/ http://irep.iium.edu.my/66865/1/66865_Human%20Capital%2C%20Intrinsic%20Motivation%20and%20Poverty_article.pdf http://irep.iium.edu.my/66865/2/66865_Human%20Capital%2C%20Intrinsic%20Motivation%20and%20Poverty_scopus.pdf |