Faruqee, Hamid - In: Review of Economic Dynamics 6 (2003) 2, pp. 300-312
This paper develops an overlapping agents model with age-specific mortality rates. The analytical framework also nests Blanchard's (1985, Journal of Political Economy 82, 1095–1117) "perpetual youth" model as a special, though perhaps not realistic, case. With age specific mortality...