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Declining discount rates
Cropper, Maureen L.; Freeman, Mark C.; Groom, Benjamin; … - In: The American economic review 104 (2014) 5, pp. 538-543
Persistent link: https://www.econbiz.de/10010391601
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Discounting the distant future : how much do uncertain rates increase valuations?
Newell, Richard G.; Pizer, William A. - In: Journal of environmental economics and management : … 46 (2003) 1, pp. 52-71
Persistent link: https://www.econbiz.de/10001773596
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The social cost of carbon : advances in long-term probalistic projections of population, GDP, emissions, and discount rates
Rennert, Kevin; Prest, Brian C.; Pizer, William A.; … - In: Brookings papers on economic activity : BPEA (2021), pp. 223-275
Persistent link: https://www.econbiz.de/10013275635
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Use of the consumption discount rate for public policy over the distant future
Li, Qingran; Pizer, William A. - In: Journal of environmental economics and management : … 107 (2021), pp. 1-17
Persistent link: https://www.econbiz.de/10012693391
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Discounting for public cost-benefit analysis
Li, Qingran; Pizer, William A. - 2018
Persistent link: https://www.econbiz.de/10011981899
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A discounting rule for the social cost of carbon
Newell, Richard G.; Pizer, William A.; Prest, Brian C. - In: Journal of the Association of Environmental and … 9 (2022) 5, pp. 1017-1046
Persistent link: https://www.econbiz.de/10013327940
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The Shadow Price of Capital : Accounting for Capital Displacement in Cost Benefit Analysis
Newell, Richard G.; Pizer, William A.; Prest, Brian C. - National Bureau of Economic Research - 2023
Government analysts have long used discount rates based on investment rates of return to approximate the effect of capital displacement. However, we show how this approach is not well grounded in economic theory and produces highly biased results, particularly in the context of decisions...
Persistent link: https://www.econbiz.de/10014337760