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Non-marginal cost-benefit analysis and the tyranny of discounting

Vermeylen, Koen - 2013

, effectively defeating the tyranny of discounting. A back-of-the-envelope calibration suggests that this last result is realistic …

Persistent link: https://www.econbiz.de/10010227375

The consumption discount rate for the distant future (if we do not die out)

Vermeylen, Koen - 2013

Gollier and Weitzman (2010) show that if future consumption discount rates are uncertain and persistent, the consumption discount rate should decline to its lowest possible value for events in the most distant future. In this paper, I argue that the lowest possible growth rate of consumption per...

Persistent link: https://www.econbiz.de/10010227389

HIV/AIDS, risk aversion and intertemporal choice

Lammers, Judith; Wijnbergen, Sweder van - 2008 - Rev.

This study analyses the relation between perceived health status and intertemporal choice. We use data from experiments with real monetary rewards conduEted among students in South Africa to estimate risk and time preferences. These experimental data, based on muitiple price lists developed by...

Persistent link: https://www.econbiz.de/10011373818

Welfare analysis with a proxy consumption measure : evidence from a repeated experiment in Indonesia

Pradhan, Menno - 2001

Every three years, Indonesia fields simultaneously two nationwide surveys which collect consumption data. Onecollects consumption using 23 questions, the other using 320 questions. Based on a repeated experiment inwhich the two questionnaires were randomly assigned across households, I examine...

Persistent link: https://www.econbiz.de/10011317438

The economics of participatory value evaluation

Dekker, Thijs; Koster, Paul; Mouter, Niek - 2019

This paper develops a novel approach to the economic evaluation of public policies: participatory value evaluation (PVE). PVE involves citizens directly in decisions of the government, taking into account governmental and individual budget constraints. Citizens receive reliable information on...

Persistent link: https://www.econbiz.de/10011960504

Household inequality, welfare and the setting of trade policy

Francois, Joseph F.; Roja-Romagosa, Hugo - 2004

Persistent link: https://www.econbiz.de/10002200539

Welfare measurement and poverty targeting based on participatory wealth rankings

Wiegand, Martin - 2020

Participatory wealth rankings (PWRs) present an inclusive and inexpensive targeting method to identify poor households. They tend to be well received by participants but point to a systematically different understanding of welfare than implied by consumption-based rankings. This suggests that...

Persistent link: https://www.econbiz.de/10012404170

Eliciting discount functions when baseline consumption changes over time

Gerber, Anke; Rohde, Kirsten I. M. - 2014

preference reversals arecommonly interpreted as contradicting constant discounting. This interpretation is correctonly if … baseline consumption to which the outcomes are added, remains constant over time.The difficulty with measuring discounting when … discounted. In this paper we propose a way to disentangle thetwo effects, which allows us to draw conclusions about discounting …

Persistent link: https://www.econbiz.de/10011379439

Optimal fiscal policy

Lukkezen, Jasper; Teulings, Coen N. - 2013

Persistent link: https://www.econbiz.de/10010191401

Indirect welfare effects of price changes and cost-benefit analysis

Rouwendal, Jan - 2002

The effects of a policy measure often reach the consumer only after one or more intermediatesteps, for instance because the measure lowers the cost of an input for an industry producinga consumer good. This paper is concerned with the question how to measure such indirect effectscorrectly under...

Persistent link: https://www.econbiz.de/10011325968