Al Yaqoobi, Abeer; Ausloos, Marcel - In: Journal of risk and financial management : JRFM 15 (2022) 2, pp. 1-26
This paper investigates the impact of Social Discount Rate (SDR) choice on intergenerational equity issues caused by Public-Private Partnerships (PPPs) projects. Indeed, more PPPs mean more debt being accumulated for future generations leading to a fiscal deficit crisis. The paper draws on how...