Overlapping Generations Models of an Age-Group Society: The Rendille of Northern Kenya
This paper makes five contributions to the modeling of societies organized primarily according to age. First, it models the social rules adhered to by a particular age-group society, the Rendille of Northern Kenya. Second, it shows that their age-group rules are well represented by the standard overlapping generations (OLG) model. Third, we develop a genealogical OLG model that closely captures lifecycle transitions and lineages. Fourth, despite heterogeneity in the timing of marriage and birthing, the model can be calibrated using aggregate data. Fifth, the model permits an analysis of institutions that reveals the intergenerational conflicts between the lineages in changing the social rules
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- Merwan H. Engineer & Linda Welling, 2004.
"Overlapping Generations Models and Graded Age-Set Societies,"
Journal of Institutional and Theoretical Economics (JITE),
Mohr Siebeck, Tübingen, vol. 160(3), pages 454-, September.
- Merwan H. Engineer & Linda Welling, 2004. "Overlapping Generations Models and Graded Age-Set Societies," Department Discussion Papers 0401, Department of Economics, University of Victoria.
- Jagadeesh Gokhale & Laurence J. Kotlikoff & James Sefton & Martin Weale, 1998.
"Simulating the transmission of wealth inequality via bequests,"
9811, Federal Reserve Bank of Cleveland.
- Gokhale, Jagadeesh & Kotlikoff, Laurence J. & Sefton, James & Weale, Martin, 2001. "Simulating the transmission of wealth inequality via bequests," Journal of Public Economics, Elsevier, vol. 79(1), pages 93-128, January.
- Jagadeesh Gokhale & Laurence J. Kotlikoff & James Sefton & Martin Weale, 1999. "Simulating the Transmission of Wealth Inequity via Bequests," NBER Working Papers 7183, National Bureau of Economic Research, Inc.
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