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Intergenerational discounting: A new approach

Bayer, Stefan - Wirtschaftswissenschaftlichen Fakultät, … - 1998

adjusted OLG-discounting method of consumption units, taking into consideration intra- and intergenerational aspects. At the …

Persistent link: https://www.econbiz.de/10009151458

Is the discount rate relevant in explaining the environmental Kuznets curve?

Di Vita, Giuseppe - 2003

Persistent link: https://www.econbiz.de/10001843455

Is the discount rate relevant in explaining the environmental Kuznets curve?

Di Vita, Giuseppe - 2003

In this paper we use Pindyck's model (2002) to show that the discount rate may play an important role in explaining for the income-pollution pattern observed in the real world. Low levels of income involve high values of discount rate, that are obstacles to the adoption of a pollution abatement...

Persistent link: https://www.econbiz.de/10011592724

Is the Discount Rate Relevant in Explaining the Environmental Kuznets Curve?

Di Vita, Giuseppe - 2014

Persistent link: https://www.econbiz.de/10014074685

Chapter 24. Environmental Macroeconomics

Hassler, J.; Krusell, P.; Smith, A.A. - In: Handbook of macroeconomics : volume 2, v. 2A-2B SET, (pp. 1893-2008). 2016

uncertainty. That model delivers positive and normative quantitative implications and can be viewed as a platform for …

Persistent link: https://www.econbiz.de/10014024273

The consumption discount rate for the distant future (if we do not die out)

Vermeylen, Koen - 2013

Gollier and Weitzman (2010) show that if future consumption discount rates are uncertain and persistent, the consumption discount rate should decline to its lowest possible value for events in the most distant future. In this paper, I argue that the lowest possible growth rate of consumption per...

Persistent link: https://www.econbiz.de/10010227389

Acturial Adjustment Aspects of Public Pension Schemes

Galuscak, Kamil - EconWPA - 2001

.S. pension scheme, that discounting plays a crucial role, since the formula for the present discounted value of future retirement … at least 25% greater than it is in the case when discounting is neglected. Moreover when accouting for risk aversion … towards lifetime uncertainty, the optimal delayed retirement credit is increased by 15- 25%. Our results indicate that the U …

Persistent link: https://www.econbiz.de/10005408311

Cross-border commuting and migration intentions : the roles of risk aversion and time preference

Nowotny, Klaus - In: Contemporary economics 8 (2014) 2, pp. 137-156

This article analyses the effects of individual risk aversion and time preference on cross-border mobility intentions using a theoretical and empirical model. The paper extends the previous literature by considering both cross-border commuting and migration as modes of mobility. The theoretical...

Persistent link: https://www.econbiz.de/10010406276

Present bias for monetary and dietary rewards: evidence from Chinese teenagers

Cheung, Stephen L.; Tymula, Agnieszka; Wang, Xueting - 2020

Economists model self-control problems through time-inconsistent preferences. Empirical tests of these preferences largely rely on experimental elicitation methods using monetary rewards, with several recent studies failing to find present bias for money. In this paper, we compare estimates of...

Persistent link: https://www.econbiz.de/10012242348

Quasi-hyperbolic present bias: a meta-analysis

Cheung, Stephen L.; Tymula, Agnieszka; Wang, Xueting - 2021

Quasi-hyperbolic discounting is one of the most well-known and widely-used models to capture self-control problems in … discounting for the length of delay). We report a meta-analytic dataset of estimates of the present bias parameter β based on …

Persistent link: https://www.econbiz.de/10012603224