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Intergenerational wealth transmission and the dynamics of inequality in small-scale societies.

Mulder, M. Borgerhoff and Bowles, S. and Hertz, T. and Bell, A. and Beise, J. and Clark, G. and Fazzio, I. and Gurven, M. and Hill, K. and Hooper, P.L. and Irons, W. and Kaplan, H. and Leonetti, D. and Low, B. and Marlowe, F. and McElreath, R. and Naidu, S. and Nolin, D. and Piraino, P. and Quinlan, R. and Schniter, E. and Sear, R. and Shenk, M. and Smith, E.A. and Rueden, C. von and Wiessner, P. (2009) 'Intergenerational wealth transmission and the dynamics of inequality in small-scale societies.', Science., 326 (5953). pp. 682-688.

Abstract

Small-scale human societies range from foraging bands with a strong egalitarian ethos to more economically stratified agrarian and pastoral societies. We explain this variation in inequality using a dynamic model in which a population's long-run steady-state level of inequality depends on the extent to which its most important forms of wealth are transmitted within families across generations. We estimate the degree of intergenerational transmission of three different types of wealth (material, embodied, and relational), as well as the extent of wealth inequality in 21 historical and contemporary populations. We show that intergenerational transmission of wealth and wealth inequality are substantial among pastoral and small-scale agricultural societies (on a par with or even exceeding the most unequal modern industrial economies) but are limited among horticultural and foraging peoples (equivalent to the most egalitarian of modern industrial populations). Differences in the technology by which a people derive their livelihood and in the institutions and norms making up the economic system jointly contribute to this pattern.

Item Type:Article
Full text:Full text not available from this repository.
Publisher Web site:http://dx.doi.org/10.1126/science.1178336
Record Created:25 Jan 2011 15:50
Last Modified:26 Jan 2011 14:45

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