Ramsey equation. It uses the Weitzman (1998) method to derive a declining discount rate schedule of 2% (real) for years 1 …-30, 1.5% for years 31-100, and 1% for years 101 on. The report does not compare and contrast social discount rate methods …

and find rates ranging from 2.97% to 17.5%, markedly different from the headline discount rate of 3.5%. This is not unique … explanations for such differences, based on positions on how the discount rate should be set. …

Current theories of the discount rate have a theoretical basis focused on risk; risk-free rate and risk premium. The … basic component of the discount rate, the risk-free rate as purely empirical has a natural infirmity which consequently … that the theory of the discount rate does not relate to fundamental knowledge of capital and the natural rate of its …

subjective distribution of capital gain expectations: sentimental discount rate shocks affecting average beliefs explain at least … including the distribution of survey expectations show that in contrast to discount rate shocks, sentiment shocks produce a hump …