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Taux d'actualisation et optimum second

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  • Tirole Jean

Abstract

This paper analyses the basic features of technical and distributional changes in the US since the Civil War as the expression of the gradual emergence of a new paradigm, corresponding to a Managerial Revolution, and its replacement of the earlier organization inherited from the Industrial Revolution.

Suggested Citation

  • Tirole Jean, 1979. "Taux d'actualisation et optimum second," CEPREMAP Working Papers (Couverture Orange) 7925, CEPREMAP.
    • Handle: RePEc:cpm:cepmap:7925
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    File URL: http://www.cepremap.fr/depot/couv_orange/co7925.pdf
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    References listed on IDEAS

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    1. Phelps, Edmund S. & Shell, Karl, 1969. "Public debt, taxation, and capital intensiveness," Journal of Economic Theory, Elsevier, vol. 1(3), pages 330-346, October.
    2. Gordon Tullock, 1964. "The Social Rate of Discount and the Optimal Rate of Investment: Comment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 78(2), pages 331-336.
    3. Guesnerie, Roger, 1977. "On the direction of tax reform," Journal of Public Economics, Elsevier, vol. 7(2), pages 179-202, April.
    4. Jacques Thédié, 1977. "A Challenge to the Monopoly of the Rate of Discount in Investment Choices," International Economic Association Series, in: Martin S. Feldstein & Robert P. Inman (ed.), The Economics of Public Services, chapter 16, pages 390-403, Palgrave Macmillan.
    5. Tirole Jean & Guesnerie Roger, 1979. "Gradient projection algorithms for problems in public finance : a note," CEPREMAP Working Papers (Couverture Orange) 7907, CEPREMAP.
    6. Pestieau, Pierre & Possen, Uri M., 1978. "Optimal growth and distribution policies," Journal of Public Economics, Elsevier, vol. 9(3), pages 357-372, June.
    7. Stephen A. Marglin, 1963. "The Social Rate of Discount and The Optimal Rate of Investment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 77(1), pages 95-111.
    8. Kay, J. A., 1972. "Social discount rates," Journal of Public Economics, Elsevier, vol. 1(3-4), pages 359-378, November.
    9. Amartya K. Sen, 1967. "Isolation, Assurance and the Social Rate of Discount," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 81(1), pages 112-124.
    10. 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.
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    Cited by:

    1. Philippe Méral, 1998. "Future generations and economic activities: The case of the social discount rate," Forum for Social Economics, Springer;The Association for Social Economics, vol. 27(2), pages 1-14, March.
    2. Claude Fourgeaud & Bernard Lenclud & Pierre Michel, 1983. "Taux d'actualisation et prix de l'énergie," Revue Économique, Programme National Persée, vol. 34(2), pages 253-276.

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