Wirtschaftswissenschaft

Merwan H. Engineer, Linda Welling

Overlapping Generations Models and Graded Age-Set Societies

Jahrgang 160 () / Heft 3, S. 454-476 (23)

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From Africa through North America to Asia, anthropologists have found societies with formalized age-group systems. In these 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.
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Merwan H. Engineer Keine aktuellen Daten verfügbar.

Linda Welling Keine aktuellen Daten verfügbar.