Designing a New Derivation of the Subjective Discount Rate and its Application in the Czech Republic

The paper deals with the derivation of the subjective discount rate and for this purpose; it introduces a new subjective discount index: Current Discount Index (CDI). The author assumes a very close relationship with the commonly known subjective discount rate (

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Year of publication:	2014-07
Authors:	Rotschedl, Jiri
Institutions:	International Institute of Social and Economic Sciences
Subject:	Subjective discount rate \| subjective discount factor \| consumption of households \| intertemporal choice \| current discount index

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Series:	Proceedings of Economics and Finance Conferences.
Type of publication:	Book / Working Paper
Notes:	Published in Proceedings of the Proceedings of the 2nd Economics & Finance Conference, Jul 2014, pages 474-484 Number 0401778 11 pages
Classification:	E21 - Consumption; Saving ; D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011210384