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Rehabilitating the Opportunity Cost of Capital in Cost–Benefit Analysis

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  • Broughel, James

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  • Broughel, James, 2021. "Rehabilitating the Opportunity Cost of Capital in Cost–Benefit Analysis," Working Papers 11433, George Mason University, Mercatus Center.
    • Handle: RePEc:ajw:wpaper:11433
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    1. Harberger, Arnold C. & Jenkins, Glenn P., 2015. "Musings on the Social Discount Rate 1," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 6(1), pages 6-32, April.
    2. Sjaastad, Larry A & Wisecarver, Daniel L, 1977. "The Social Cost of Public Finance," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 513-547, June.
    3. Burgess, David F. & Zerbe, Richard O., 2013. "The most appropriate discount rate," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 4(3), pages 391-400, December.
    4. Moore Mark A. & Vining Aidan R. & Boardman Anthony E., 2013. "More appropriate discounting: the rate of social time preference and the value of the social discount rate," Journal of Benefit-Cost Analysis, De Gruyter, vol. 4(1), pages 1-16, March.
    5. Michael Spackman, 2004. "Time discounting and of the cost of capital in government," Fiscal Studies, Institute for Fiscal Studies, vol. 25(4), pages 467-518, December.
    6. repec:reg:rpubli:299 is not listed on IDEAS
    7. Harberger, Arnold C, 1978. "On the Use of Distributional Weights in Social Cost-Benefit Analysis," Journal of Political Economy, University of Chicago Press, vol. 86(2), pages 87-120, April.
    8. James Broughel, 2020. "Cost-Benefit Analysis as a Failure to Learn from the Past," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 35(Spring 20), pages 105-113.
    9. Bradford, David F, 1975. "Constraints on Government Investment Opportunities and the Choice of Discount Rate," American Economic Review, American Economic Association, vol. 65(5), pages 887-899, December.
    10. James Broughel & Michael Kotrous, 2021. "The benefits of coronavirus suppression: A cost-benefit analysis of the response to the first wave of COVID-19 in the United States," PLOS ONE, Public Library of Science, vol. 16(6), pages 1-20, June.
    11. Christopher Carroll & Jiri Slacalek & Kiichi Tokuoka & Matthew N. White, 2017. "The distribution of wealth and the marginal propensity to consume," Quantitative Economics, Econometric Society, vol. 8(3), pages 977-1020, November.
    12. Burgess David F. & Zerbe Richard O., 2013. "The most appropriate discount rate," Journal of Benefit-Cost Analysis, De Gruyter, vol. 4(3), pages 391-400, December.
    13. Abelson, Peter, 2020. "A Partial Review of Seven Official Guidelines for Cost-Benefit Analysis," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 11(2), pages 272-293, July.
    14. Burgess, David, 2018. "The Appropriate Measure of the Social Discount Rate and Its Role in the Analysis of Policies with Long-Run Consequences," Annals of Computational Economics, George Mason University, Mercatus Center, December.
    15. Stephen A. Marglin, 1963. "The Opportunity Costs of Public Investment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 77(2), pages 274-289.
    16. Yew-Kwang Ng, 2003. "Appropriate discounting of future utilities need not be the dictatorship of the present: A note on Chichilnisky," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 21(1), pages 113-116, August.
    17. Li, Qingran & Pizer, William A., 2021. "Use of the consumption discount rate for public policy over the distant future," Journal of Environmental Economics and Management, Elsevier, vol. 107(C).
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    Cited by:

    1. James Broughel & Andrew Baxter, 2022. "A Mortality Risk Analysis for OSHA’s COVID-19 Emergency Regulations," JRFM, MDPI, vol. 15(10), pages 1-21, October.

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