Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund. Research Department.
|
ISBN: | 145189158X 9781451891584 1281104809 9781281104809 1462301657 9781462301652 1452719020 9781452719023 9786613776341 6613776343 9781451843750 1451843755
|
Notes: | Includes bibliographical references (page 16). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
|
Summary: | This paper develops an overlapping agents model with age-specific mortality rates. The analytical framework also nests Blanchard's (1985) "perpetual youth" model as a special, though perhaps not realistic, case. With age specific mortality rates, youth is "fleeting." Using standard hyperbolic functions, the model with fleeting youth is able to closely replicate the empirical relation between age and mortality. The comparative implications for deficit finance are also examined and age-specific mortality is shown to alter the non-Ricardian properties of the model
|
Other form: | Print version: Faruqee, Hamid. Debt, deficits, and age-specific mortality. [Washington, D.C.] : International Monetary Fund, ©2002
|
Standard no.: | 10.5089/9781451891584.001
|