Space 0.5 in a 3.8% discount rate?

John Hartwick

We find that a discount rate of 3.8% allows us to derive the schedule of "value of life years" in Murphy and Topel [2006] from their schedule of "value of remaining years of life", this latter presumably being based on a "value of statistical life" of $6.3 million. We draw on the Makeham function for life expectancy in our calculation. -- Value of life ; discount rate ; life expectancy

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Alternative title:	A 3.8% discount rate?
Year of publication:	2009
Authors:	Hartwick, John M.
Publisher:	Kingston, Ont. : Queen's Economics Dep., Queen's Univ.
Subject:	Sterblichkeit \| Mortality \| Altersgruppe \| Age group \| Bewertung \| Evaluation \| Diskontierung \| Discounting

Extent:	Online-Ressource ([10] S., 158.06 Kb)
Series:	Queen's Economics Department working paper. - Kingston, Ontario : [Verlag nicht ermittelbar], ZDB-ID 2272591-X. - Vol. 1199
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/67738 [Handle]
Classification:	I10 - Health. General ; J17 - Value of Life; Foregone Income
Source:	ECONIS - Online Catalogue of the ZBW

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