01587cas a2200241 a 4500 AALejournalIMF001844 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451843750 1018-5941 BD-DhAAL BD-DhAAL Faruqee, Hamid. Debt, Deficits, and Age-Specific Mortality / Hamid Faruqee. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (20 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2002/019 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/019/001.2002.issue-019-en.xml IMF e-Library