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Climate policy when the distant future matters : catastrophic events with hyperbolic discounting
Karp, Larry S. (contributor); Tsur, Yaʿaḳov (contributor) - 2007
Persistent link: https://www.econbiz.de/10003719883
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Country fundamentals and currency excess returns
Daehwan, Kim; Chi-Young, Song - In: Journal of East Asian economic integration 18 (2014) 2, pp. 111-142
We examine whether country fundamentals help explain the cross-section of currency excess returns. For this purpose, we consider fundamental variables such as default risk, foreign exchange rate regime, capital control as well as interest rate in the multi-factor model framework. Our empirical...
Persistent link: https://www.econbiz.de/10011568328
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Time variation in asset price response to macro announcements
Goldberg, Linda S.; Grisse, Christian - 2013
Although the effects of economic news announcements on asset prices are well established, theserelationships are unlikely to be stable. This paper documents the time variation in the responses of yield curves and exchange rates using high-frequency data from January 2000 through August 2011....
Persistent link: https://www.econbiz.de/10009787494
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Uncertainty discounting for land-based carbon sequestration
Kim, Man-keun; McCarl, Bruce A. - In: Journal of agricultural and applied economics 41 (2009) 1, pp. 1-11
Persistent link: https://www.econbiz.de/10003876404
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Cause marketing effectiveness and the moderating role of price discounts
Andrews, Michelle; Luo, Xueming; Fang, Zheng; Aspara, Jaakko - In: Journal of marketing 78 (2014) 6, pp. 120-142
Persistent link: https://www.econbiz.de/10010463448
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Time discounting and future generations : the harmful effects of an untrue economic theory
Kula, Erhun - 1997 - 1. publ.
Persistent link: https://www.econbiz.de/10000613707
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The case for declining long-term discount rates in the evaluation of flood-defence investments
Koundouri, Phoebe - In: Coping with Water Deficiency : From Research to Policy …, (pp. 157-163). 2007
Persistent link: https://www.econbiz.de/10003573889
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The use of discount rates
Iwema, R.; Klaassen, L. H.; Paelinck, J. H. P. - 1981
Persistent link: https://www.econbiz.de/10003552577
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Disentangling the Stern/Nordhaus controversy : beyond the discounting clash
Espagne, Etienne; Perrissin Fabert, Baptiste; Pottier, … - 2012
The Stern/Nordhaus controversy has polarized the widely disparate beliefs about what to do in order to tackle the climate challenge. To explain differences in results and policy recommendations, comments following the publication of the Stern Review have mainly focused on the role played by the...
Persistent link: https://www.econbiz.de/10009628143
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Choosing monetary sequences : theory and experimental evidence
Manzini, Paola (contributor); Mariotti, Marco (contributor);  … - 2006
the economics domain. In the experiment we find that: 1) traditional economic models based on discounting alone cannot …; 2) our model, despite considering only a specific (exponential) form of discounting, can explain the data much better … basic predictions of discounting theories: the deviations are not random and there are clear systematic patterns of …
Persistent link: https://www.econbiz.de/10003323162