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 relat...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2018
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| Online Access: | http://journalarticle.ukm.my/19632/ http://journalarticle.ukm.my/19632/1/jeko_521-13.pdf |
| _version_ | 1848814891136188416 |
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| author | Supian Mat Salleh, Noreha Halid, |
| author_facet | Supian Mat Salleh, Noreha Halid, |
| author_sort | Supian Mat Salleh, |
| building | UKM Institutional 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 | 2025-11-15T00:41:17Z |
| format | Article |
| id | oai:generic.eprints.org:19632 |
| institution | Universiti Kebangasaan Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T00:41:17Z |
| publishDate | 2018 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | oai:generic.eprints.org:196322022-09-08T07:55:28Z http://journalarticle.ukm.my/19632/ Human capital, intrinsic motivation and poverty of elderly in later life Supian Mat Salleh, Noreha Halid, 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. Penerbit Universiti Kebangsaan Malaysia 2018 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/19632/1/jeko_521-13.pdf Supian Mat Salleh, and Noreha Halid, (2018) Human capital, intrinsic motivation and poverty of elderly in later life. Jurnal Ekonomi Malaysia, 52 (1). pp. 157-168. ISSN 0127-1962 https://www.ukm.my/jem/issue/v52i1/ |
| spellingShingle | Supian Mat Salleh, Noreha Halid, 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 |
| url | http://journalarticle.ukm.my/19632/ http://journalarticle.ukm.my/19632/ http://journalarticle.ukm.my/19632/1/jeko_521-13.pdf |