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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Main Authors:	Mat Salleh, Supian, Halid, Noreha
Format:	Article
Language:	English English
Published:	Universiti Kebangsaan Malaysia 2018
Subjects:	HD28 Management. Industrial Management HD72 Economic growth, development, planning
Online Access:	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

id	iium-66865
recordtype	eprints
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
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HD28 Management. Industrial Management HD72 Economic growth, development, planning
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
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.
format	Article
author	Mat Salleh, Supian Halid, Noreha
author_facet	Mat Salleh, Supian Halid, Noreha
author_sort	Mat Salleh, Supian
title	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_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_sort	human capital, intrinsic motivation and poverty of elderly in later life
publisher	Universiti Kebangsaan Malaysia
publishDate	2018
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
first_indexed	2023-09-18T21:34:57Z
last_indexed	2023-09-18T21:34:57Z
_version_	1777412758174695424

Human capital, intrinsic motivation and poverty of elderly in later life

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