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Overlapping Generations Models of Graded Age-Group Societies: Economics Meets Ethnography

Merwan Engineer () and Linda Welling ()

No 102, Department Discussion Papers from Department of Economics, University of Victoria

Abstract: Across much of the world tribal societies are organized into age groups. In these age-group societies, social and economic relations between individuals are regulated by well-established rules governing transitions through the lifecycle. In this paper we detail the relationship between the classic formulations in Stewart's (1977) "Fundamentals of Age-Group Systems" and the overlapping generations (OLG) model. We establish that OLG models can accurately represent a large subset of actual age-group societies called graded age-set societies. Thus, an OLG model bears a close resemblance to reality.

Keywords: age sets; graded age-group systems; lifecycle; overlapping generations model (search for similar items in EconPapers)
JEL-codes: J10 P00 Z10 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2001-07-06
New Economics Papers: this item is included in nep-dge
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Handle: RePEc:vic:vicddp:0102