1. An introduction to the theory of social accounting / Thomas Aronsson and Karl-Gustaf Löfgren -- 2. The money metrics problem in dynamic welfare analysis / Karl-Gustaf Löfgren -- 3. Welfare measurement, hyperbolic discounting and paternalism / Kenneth Backlund and Tomas Sjögren -- 4....

This book cleverly integrates the research on welfare measurement and social accounting in imperfect market economies. In their previously acclaimed volume, Welfare Measurement, Sustainability and Green National Accounting, the authors focused on the external effects associated with...

In this note we discuss how to estimate the social discount rate when banks have market power. Some data from Sweden are used to illustrate the approach. If other investments are crowded out, the implied social discount rate is around 7 percent, i.e. more or less equal to the one suggested by...