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Hyperbolic discounting and politics : the beneficial effects of bureaucrats

Drometer, Marcus - 2006

This paper introduces hyperbolic discounting into politics. In our model, politicians act according to the preferences …-term investments in a given policy area. -- political agency ; hyperbolic discounting ; bureaucracy …

Persistent link: https://www.econbiz.de/10009744916

Estimating discount factors for public and private goods and testing competing discounting hypotheses

Meyer, Andrew - In: Journal of risk and uncertainty : JRU 46 (2013) 2, pp. 133-173

Persistent link: https://www.econbiz.de/10009750379

More appropriate discounting : the rate of social time preference and the value of the social discount rate

Moore, Mark A.; Boardman, Anthony E.; Vining, Aidan R. - In: Journal of benefit-cost analysis : JBCA 4 (2013) 1, pp. 1-16

Persistent link: https://www.econbiz.de/10009753372

Heterogeneity in time preference in older households

Bozio, Antoine; Laroque, Guy; O'Dea, Cormac - 2013

used to estimate the discount rates of households. We show that there is substantial heterogeneity in discounting behaviour …

Persistent link: https://www.econbiz.de/10009689923

Fiscal multipliers and time preference

Marcheggiano, Gilberto; Miles, David - 2013

This paper explores the links between fiscal multipliers and household discount rates. We report evidence of a large and statistically significant relationship between reported rates of time preference across countries and the government expenditure multiplier. This study uses recent...

Persistent link: https://www.econbiz.de/10009692601

Great spending crashes

Beckworth, David; Hendrickson, Josh - In: The B.E. journal of macroeconomics 12 (2012) 1, pp. 1-26

Persistent link: https://www.econbiz.de/10009621839

Intertemporal valuation of river restoration

Meyer, Andrew - In: Environmental & resource economics : the official … 54 (2013) 1, pp. 40-61

Persistent link: https://www.econbiz.de/10009712436

The today and tomorrow of kids : time preferences and educational outcomes of children

Castillo, Marco; Ferraro, Paul J.; Jordan, Jeffrey L.; … - In: Journal of public economics 95 (2011) 11/12, pp. 1377-1385

Persistent link: https://www.econbiz.de/10009419206

A flexible test for present bias and time preferences using land-lease contract

Gautier, Pieter; Vuuren, Aico van - 2011

Persistent link: https://www.econbiz.de/10009719958

Saving rate dynamics in the neoclassical growth model : hyperbolic discounting and observational equivalence

Farzin, Hossein; Wendner, Ronald - 2013

exhibits a rising or non-monotonic pattern. In important cases, hyperbolic discounting, which is empirically strongly supported … model with Cobb-Douglas production technology. We also identify the cases where hyperbolic discounting is observationally … equivalent to exponential discounting. In those cases, hyperbolic discounting does not affect the saving rate dynamics. Numerical …

Persistent link: https://www.econbiz.de/10009756310