Declining Discount Rates: Evidence from the UK

We estimate schedules of declining discount rates for cost benefit analysis in the UK. We highlight the importance of model selection for this task and hence for the evaluation of long-term investments, namely climate change prevention and nuclear build.

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Year of publication:	2005-01
Authors:	Groom, Ben ; Koundouri, Phoebe ; Panopoulou, Ekaterini ; Pantelidis, Theologos

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Groom, Ben and Koundouri, Phoebe and Panopoulou, Ekaterini and Pantelidis, Theologos (2005): Declining Discount Rates: Evidence from the UK. Published in:
Classification:	c26 ; C3 - Econometric Methods: Multiple/Simultaneous Equation Models ; Y10 - Data: Tables and Charts
Source:	BASE

Persistent link: https://www.econbiz.de/10015214295