Results 11 to 20 of about 108,341 (245)
Should Governments Use a Declining Discount Rate in Project Analysis? [PDF]
At a workshop held at Resources for the Future in September 2011, twelve of the authors were asked by the US Environmental Protection Agency (EPA) to provide advice on the principles to be used in discounting the benefits and costs of projects that affect future generations. Maureen L. Cropper chaired the workshop.
Arrow, Kenneth J. +12 more
openaire +4 more sources
Abstract Schedules of declining discount rates have been advocated, and adopted by several European governments. They undermine classical solutions to forest economics problems, especially optimal rotation. Adapting classical first-order conditions created problems of local optimisation.
Price, Colin +4 more
openaire +6 more sources
Abstract The long planning perspective is one of the unique features of forestry. How to value money flows expected in the far distant future is therefore a crucial question. Applying time declining discount rates (DDR) may offer an appropriate alternative to conventional discounting, but few studies have applied DDRs in forest economics.
Thomas Knoke, Carola Paul, Fabian Härtl
openaire +5 more sources
Do declining discount rates lead to time inconsistent economic advice? [PDF]
Anders Chr Hansen
openaire +3 more sources
Communication as an instrument for enhancing trust in a central bank: the case of Ukraine [PDF]
The relevance of trust in the central bank is determined by the rapid growth of the gap between the expectations of a regulator and market participants regardless of the reforms carried out by the NBU.
Yuliia Shapoval +3 more
doaj +1 more source
Declining discount rates in Singapore's market for privately developed apartments
SummarySingapore's market for new privately developed apartments exhibits wide quasi‐experimental variation in ownership tenure. We develop an empirical model in which prices are decomposed into the utility of housing services and a factor that shifts with asset tenure and the discount rate schedule, which we discipline to vary smoothly over time.
Eric Fesselmeyer +2 more
openaire +2 more sources
The comparison of macroeconomic development between the united states and japan in recent in recent years is analyzed from nasdaq and nikkei index [PDF]
The changes in the Nasdaq and Nikkei over the past in recent years offer valuable insights for evaluating macroeconomic developments in the United States and Japan.
Deng Rongzhan
doaj +1 more source
Without clinical guideline on the optimal timing for primary total hip replacement (THR), patients often receive the operation with delay. Delaying THR may negatively affect long-term health-related quality of life, but its economic effects are unclear ...
Ruben E. Mujica-Mota +3 more
doaj +1 more source
The Ramsey Discounting Formula for a Hidden-State Stochastic Growth Process [PDF]
The long term discount rate is critically dependent upon projections of future growth rates that are fuzzier in proportion to the remoteness of the time horizon.
Weitzman, Martin L.
core +2 more sources
On the Relation between Discounting of Climate Change and Edgeworth-Pareto Substitutability [PDF]
To justify substantial carbon emission reductions, recent literature on cost-benefit analysis of climate change suggests discounting environmental quality at a lower discount rate than the standard consumption discount rate.
Kögel, M.T.
core +2 more sources

