We study the effects of COVID-19, and ensuing lockdown fiscal policies, on welfare different age-groups within a life-cycle macroeconomic scheme, adapted from Gertler (1999), where pandemic is represented as shock to mortality rate. obtain two main results. First, we show that policies have negative impact dynamics economic younger agents relative older agents, thus providing analytical support...

The fungal pathogen, Cryptococcus neoformans, has been shown to undergo replicative aging. Old cells are characterized by advanced generational age and phenotypic changes that appear to mediate enhanced resistance to host and antifungal-based killing. As a consequence of this age-associated resilience, old cells accumulate during chronic infection. Based on these findings, we hypothesized that ...

Our'previous study (Auerbach, Gokhale, and Kotlikoff [1991]) introduced the concept of generational accounting, a method of determining how the burden of fiscal policy falls on different generations. It found that U.S. fiscal policy is out of balance in terms of projected generational burdens. This means that either current generations will bear a larger share (than we project under current law...