Declining Discount Rates: Evidence from the UK

Groom, Ben and Koundouri, Phoebe and Panopoulou, Ekaterini and Pantelidis, Theologos (2005) Declining Discount Rates: Evidence from the UK. UNSPECIFIED. (Unpublished)

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We estimate schedules of declining discount rates for cost benefit analysis in the UK. We highlight the importance of model selection for this task and hence for the evaluation of long-term investments, namely climate change prevention and uuclear build.

Item Type: Other
Additional Information: Working paper series N147/01/05
Keywords: Long-run discounting, state-space models, regime-switching models, climate change policy, nuclear build
Academic Unit: Faculty of Social Sciences > Economics, Finance and Accounting
Item ID: 203
Depositing User: Ms Sandra Doherty
Date Deposited: 17 Feb 2005
Refereed: No

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