Anthoff, David; Tol, Richard S. J.; Yohe, Gary W. - Institut für Weltwirtschaft (IfW) - 2009
has three components: the pure rate of time preference, a measure of relative risk aversion, and the rate of growth of per … rates of risk and inequity version can be expected to play significant roles. The consumption growth rate plays four roles … discount rate. The differential growth rate between rich and poor countries determines the time evolution of the size of the …