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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

    as
    1. 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.
    2. Guesnerie, Roger, 1977. "On the direction of tax reform," Journal of Public Economics, Elsevier, vol. 7(2), pages 179-202, April.
    3. Phelps, Edmund S. & Shell, Karl, 1969. "Public debt, taxation, and capital intensiveness," Journal of Economic Theory, Elsevier, vol. 1(3), pages 330-346, October.
    4. 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.
    5. 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.
    6. Kay, J. A., 1972. "Social discount rates," Journal of Public Economics, Elsevier, vol. 1(3-4), pages 359-378, November.
    7. Tirole Jean & Guesnerie Roger, 1979. "Gradient projection algorithms for problems in public finance : a note," CEPREMAP Working Papers (Couverture Orange) 7907, CEPREMAP.
    8. Pestieau, Pierre & Possen, Uri M., 1978. "Optimal growth and distribution policies," Journal of Public Economics, Elsevier, vol. 9(3), pages 357-372, June.
    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. 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.
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    Cited by:

    1. 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.
    2. 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.

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