We propose a dynamic production function of population health and mortality from birth onwards. Our parsimonious model … provides an excellent fit for the mortality and survival curves for both primate and human populations since 1816. The model … mortality gradients across socio-economic statuses, (ii) non-monotonic dynamic effects of in-utero shocks, (iii) persistent or …

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 … replicate the empirical relation between age and mortality. The comparative implications for deficit finance are also examined …

examines one particular channel at work: the supply of credit. It presents a model in which a bank, even if managed by risk …

and real shocks, and the credibility component depends on the mean and risk of real asset returns. Thus, observed booms …

time-varying risk. Some work by Abel provided us with the insights needed to produce such formulas. This paper gives a …

increases, the theory predicts an increase in the optimal level of bank capital. This paper investigates this implication …