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
|Date of creation:||03 Dec 2006|
|Date of revision:|
|Contact details of provider:|| Postal: Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA|
Web page: http://www.EconomicDynamics.org/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Engineer, M. & Bernhardt, D., 1992.
"Endogenous Transfer Institutions in Overlapping Generations,"
1992-07, University of Guelph, Department of Economics and Finance.
- Engineer, Merwan & Bernhardt, Dan, 1992. "Endogenous transfer institutions in overlapping generations," Journal of Monetary Economics, Elsevier, vol. 29(3), pages 445-474, June.
- Merwan H. Engineer & Linda Welling, 2004.
"Overlapping Generations Models and Graded Age-Set Societies,"
Department Discussion Papers
0401, Department of Economics, University of Victoria.
- 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.
- 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.
- 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, 1998. "Simulating the transmission of wealth inequality via bequests," Working Paper 9811, Federal Reserve Bank of Cleveland.
- Engineer, Merwan & Esteban, Joan & Sakovics, Jozsef, 1997.
"Costly transfer institutions and the core in an overlapping generations model,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 32(2), pages 287-300, February.
- Esteban, J. & Engineer, M. & Sakovics, J., 1992. "Costly Transfer Institutions and the Core in an Overlapping Generations Models," UFAE and IAE Working Papers 181.92, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Huggett, Mark, 1996. "Wealth distribution in life-cycle economies," Journal of Monetary Economics, Elsevier, vol. 38(3), pages 469-494, December.
When requesting a correction, please mention this item's handle: RePEc:red:sed006:248. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Zimmermann)
If references are entirely missing, you can add them using this form.