IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login

Citations for "Discounting the distant future: how much do uncertain rates increase valuations?"

by Newell, Richard G. & Pizer, William A.

For a complete description of this item, click here. For a RSS feed for citations of this item, click here.
as in new window

  1. Christian Gollier, 2009. "Expected Net Present Value, Expected Net Future Value, and the Ramsey Rule," CESifo Working Paper Series 2643, CESifo Group Munich.
  2. Freeman, Mark C., 2010. "Yes, we should discount the far-distant future at its lowest possible rate: A resolution of the Weitzman-Gollier puzzle," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy, vol. 4, pages 1-21.
  3. Marten, Alex L. & Newbold, Stephen C., 2012. "Estimating the social cost of non-CO2 GHG emissions: Methane and nitrous oxide," Energy Policy, Elsevier, vol. 51(C), pages 957-972.
  4. Tomáš Havránek & Zuzana Iršová & Karel Janda & David Zilberman, 2014. "Selective Reporting and the Social Cost of Carbon," Working Papers IES 2014/29, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Sep 2014.
  5. Wojciech Rybicki, 2012. "Discounting and ideas of intergenerational equity and sustainability," Operations Research and Decisions, Wroclaw University of Technology, Institute of Organization and Management, vol. 1, pages 63-84.
  6. Maureen L. Cropper & Mark C. Freeman & Ben Groom & William A. Pizer, 2014. "Declining discount rates," LSE Research Online Documents on Economics 57052, London School of Economics and Political Science, LSE Library.
  7. Kolstad, Charles D. & Toman, Michael, 2005. "The Economics of Climate Policy," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 3, chapter 30, pages 1561-1618 Elsevier.
  8. Richard S. J. Tol, 2015. "Economic impacts of climate change," Working Paper Series 7515, Department of Economics, University of Sussex.
  9. Karp, Larry, 2004. "Global Warming and Hyperbolic Discounting," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt5zh730nc, Department of Agricultural & Resource Economics, UC Berkeley.
  10. Aldy, Joseph E. & Krupnick, Alan J. & Newell, Richard G. & Parry, Ian W.H. & Pizer, William A., 2009. "Designing Climate Mitigation Policy," Discussion Papers dp-08-16, Resources For the Future.
  11. Quiggin, John, 2005. "The Precautionary Principle in Environmental Policy and the Theory of Choice under Uncertainty," Risk and Sustainable Management Group Working Papers 149847, University of Queensland, School of Economics.
  12. Chen, Jing, 2012. "The nature of discounting," Structural Change and Economic Dynamics, Elsevier, vol. 23(3), pages 313-324.
  13. Gollier, Christian, 2008. "Discounting with Fat-Tailed Economic Growth," IDEI Working Papers 523, Institut d'Économie Industrielle (IDEI), Toulouse.
  14. GOLLIER Christian & KOUNDOURI Phoebe & PANTELIDIS Theologos, 2008. "Declining Discount Rates : Economic Justifications and Implications for Long-Run Policy," LERNA Working Papers 08.17.261, LERNA, University of Toulouse.
  15. Weitzman, Martin L., 2012. "The Ramsey Discounting Formula for a Hidden-State Stochastic Growth Process," Scholarly Articles 11204670, Harvard University Department of Economics.
  16. Robert S. Pindyck, 2006. "Uncertainty in Environmental Economics," Working Papers 0617, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
  17. Hultkrantz, Lars & A. Krüger, Niclas & Mantalos, Panagiotis, 2014. "Risk-adjusted long-term social rates of discount for transportation infrastructure investment," Research in Transportation Economics, Elsevier, vol. 47(C), pages 70-81.
  18. Richard S.J. Tol, 2012. "Targets for Global Climate Policy: An Overview," Working Paper Series 3712, Department of Economics, University of Sussex.
  19. David Anthoff & Richard Tol, 2009. "The Impact of Climate Change on the Balanced Growth Equivalent: An Application of FUND," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 43(3), pages 351-367, July.
  20. Lawrence H. Goulder & Roberton C. Williams, 2012. "The Choice Of Discount Rate For Climate Change Policy Evaluation," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 3(04), pages 1250024-1-1.
  21. J. Doyne Farmer & John Geanakoplos, 2009. "Hyperbolic discounting is rational: Valuing the far future with uncertain discount rates," Levine's Working Paper Archive 814577000000000356, David K. Levine.
  22. Gonzalo Edwards, 2002. "The Effect of a Constant or a Declining Discount Rate on Optimal Investment Timing," Documentos de Trabajo 227, Instituto de Economia. Pontificia Universidad Católica de Chile..
  23. Laurie Johnson & Chris Hope, 2012. "The social cost of carbon in U.S. regulatory impact analyses: an introduction and critique," Journal of Environmental Studies and Sciences, Springer, vol. 2(3), pages 205-221, September.
  24. Cropper, Maureen, 2012. "How Should Benefits and Costs Be Discounted in an Intergenerational Context?," Discussion Papers dp-12-42, Resources For the Future.
  25. Gollier, Christian & Weitzman, Martin L., 2010. "How should the distant future be discounted when discount rates are uncertain?," Economics Letters, Elsevier, vol. 107(3), pages 350-353, June.
  26. G. Cornelis van Kooten, 2003. "Smoke and Mirrors: The Kyoto Protocol and Beyond," Working Papers 2003-04, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
  27. Marten, Alex L., 2011. "Transient temperature response modeling in IAMs: the effects of over simplification on the SCC," Economics Discussion Papers 2011-11, Kiel Institute for the World Economy.
  28. Phoebe Koundouri & Ben Groom, . "Sustainability and the Economics of the Environment: Cost-Benefit Analysis and the Dynamics of the Long-Run Discount Rate," DEOS Working Papers 0903, Athens University of Economics and Business.
  29. Goulder, Lawrence H. & Pizer, William A., 2006. "The Economics of Climate Change," Discussion Papers dp-06-06, Resources For the Future.
  30. Gonzalo Edwards, 2002. "La Tasa de Descuento en Proyectos de Largo Plazo," Documentos de Trabajo 231, Instituto de Economia. Pontificia Universidad Católica de Chile..
  31. García Fernández, Cristina, 2006. "Cost-benefit Analysis and the Difficulty of Applying it to Climate Change/El análisis coste-beneficio y la dificultad de su aplicación al cambio climático," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 24, pages 639 (12 pág, Agosto.
  32. Shiell, Leslie & Lyssenko, Nikita, 2014. "Climate policy and induced R&D: How great is the effect?," Energy Economics, Elsevier, vol. 46(C), pages 279-294.
  33. Ben Groom & Cameron Hepburn & Phoebe Koundouri & David Pearce, . "Implications of declining discount rates: Climate Change Policy in the UK," DEOS Working Papers 0702, Athens University of Economics and Business.
  34. Blasch, Julia & Ohndorf, Markus, 2015. "Altruism, moral norms and social approval: Joint determinants of individual offset behavior," Ecological Economics, Elsevier, vol. 116(C), pages 251-260.
  35. Hepburn, Cameron & Koundouri, Phoebe & Panopoulou, Ekaterini & Pantelidis, Theologos, 2009. "Social discounting under uncertainty: A cross-country comparison," Journal of Environmental Economics and Management, Elsevier, vol. 57(2), pages 140-150, March.
  36. J. Doyne Farmer & John Geanakoplos & Jaume Masoliver & Miquel Montero & Josep Perello, 2014. "Discounting the Distant Future," Cowles Foundation Discussion Papers 1951, Cowles Foundation for Research in Economics, Yale University.
  37. Ekaterini Panopoulou & B. Groom & P. Koundouri & Theologos Pantelidis, 2005. "Discounting the distant future: How much does model selection affect the certainty equivalent rate?," Economics, Finance and Accounting Department Working Paper Series n1480105, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth.
  38. Richard S.J. Tol, 2007. "The Social Cost Of Carbon: Trends, Outliers And Catastrophes," Working Papers FNU-144, Research unit Sustainability and Global Change, Hamburg University, revised Aug 2007.
  39. Farsi, Mehdi, 2010. "Risk aversion and willingness to pay for energy efficient systems in rental apartments," Energy Policy, Elsevier, vol. 38(6), pages 3078-3088, June.
  40. Pizer, William & Kopp, Raymond, 2003. "Calculating the Cost of Environmental Regulation," Discussion Papers dp-03-06, Resources For the Future.
  41. Gollier, Christian, 2004. "The Consumption-Based Determinants of the Term Structure of Discount Rates," IDEI Working Papers 296, Institut d'Économie Industrielle (IDEI), Toulouse.
  42. Parry, Ian W.H. & Goulder, Lawrence H., 2008. "Instrument Choice in Environmental Policy," Discussion Papers dp-08-07, Resources For the Future.
  43. Koen Vermeylen, 2013. "The Consumption Discount Rate for the Distant Future (if we do not die out)," Tinbergen Institute Discussion Papers 13-201/VI, Tinbergen Institute.
  44. Cass R. Sunstein, 2014. "On Not Revisiting Official Discount Rates: Institutional Inertia and the Social Cost of Carbon," American Economic Review, American Economic Association, vol. 104(5), pages 547-51, May.
  45. Trapnell, Lindsay & Malcolm, Bill, 2014. "Expected benefits on and off farm from including lucerne (Medicago sativa) in crop rotations on the Broken Plains of north-eastern Victoria," AFBM Journal, Australasian Farm Business Management Network, vol. 11.
  46. Ekaterini Panopoulou & B. Groom & P. Koundouri & Theologos Pantelidis, 2005. "Declining Discount Rates: Evidence from the UK," Economics, Finance and Accounting Department Working Paper Series n1470105, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth.
  47. Michael Spackman, 2011. "Government discounting controversies: the valuation of social time preference," GRI Working Papers 68, Grantham Research Institute on Climate Change and the Environment.
  48. Steve Newbold & Charles Griffiths & Christopher C. Moore & Ann Wolverton & Elizabeth Kopits, 2010. "The "Social Cost of Carbon" Made Simple," NCEE Working Paper Series 201007, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Aug 2010.
  49. Freeman, Mark C., 2009. "The practice of estimating the term structure of discount rates," Global Finance Journal, Elsevier, vol. 19(3), pages 219-234.
  50. Defrancesco, Edi & Gatto, Paola & Rosato, Paolo, 2014. "A ‘component-based’ approach to discounting for natural resource damage assessment," Ecological Economics, Elsevier, vol. 99(C), pages 1-9.
  51. Di Vita, Giuseppe, 2008. "Is the discount rate relevant in explaining the Environmental Kuznets Curve?," Journal of Policy Modeling, Elsevier, vol. 30(2), pages 191-207.
  52. Mark A. Moore & Anthony E. Boardman & Aidan R. Vining & David L. Weimer & David H. Greenberg, 2004. "“Just give me a number!” Practical values for the social discount rate," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 23(4), pages 789-812.
  53. Koen Vermeylen, 2013. "Non-Marginal Cost-Benefit Analysis and the Tyranny of Discounting," Tinbergen Institute Discussion Papers 13-203/VI, Tinbergen Institute.
  54. Gollier, Christian, 2009. "Should we Discount the Far-Distant Future at its Lowest Possible Rate?," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy, vol. 3, pages 1-14.
  55. Gowdy, John & Rosser, J. Barkley & Roy, Loraine, 2013. "The evolution of hyperbolic discounting: Implications for truly social valuation of the future," Journal of Economic Behavior & Organization, Elsevier, vol. 90(S), pages S94-S104.
  56. Birol, Ekin & Koundouri, Phoebe & Kountouris, Yiannis, 2010. "Assessing the economic viability of alternative water resources in water-scarce regions: Combining economic valuation, cost-benefit analysis and discounting," Ecological Economics, Elsevier, vol. 69(4), pages 839-847, February.
  57. repec:lsg:lsgwps:wp195 is not listed on IDEAS
  58. Michael, Jeffrey A., 2007. "Episodic flooding and the cost of sea-level rise," Ecological Economics, Elsevier, vol. 63(1), pages 149-159, June.
  59. Hansen, Anders Chr., 2006. "Do declining discount rates lead to time inconsistent economic advice?," Ecological Economics, Elsevier, vol. 60(1), pages 138-144, November.
  60. VAN STEENBERGHE, Vincent, 2004. "Core-stable and equitable allocations of greenhouse gas emission permits," CORE Discussion Papers 2004075, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  61. Matsushita, Kyohei & Yamane, Fumihiro, 2012. "Pollution from the electric power sector in Japan and efficient pollution reduction," Energy Economics, Elsevier, vol. 34(4), pages 1124-1130.
  62. Mark C. Freeman & Ben Groom, 2013. "How certain are we about the certainty-equivalent long term social discount rate?," GRI Working Papers 138, Grantham Research Institute on Climate Change and the Environment.
  63. Lassila , Jukka & Valkonen, Tarmo, 2008. "Population ageing and fiscal sustainability in Finland: a stochastic analysis," Research Discussion Papers 28/2008, Bank of Finland.
  64. Jung A Lee & Jinhyung Chon & Changwoo Ahn, 2014. "Planning Landscape Corridors in Ecological Infrastructure Using Least-Cost Path Methods Based on the Value of Ecosystem Services," Sustainability, MDPI, Open Access Journal, vol. 6(11), pages 7564-7585, October.
  65. Gollier, Christian, 2013. "A theory of rational short-termism with uncertain betas," TSE Working Papers 13-389, Toulouse School of Economics (TSE).
  66. Trapnell, Lindsay N. & Malcolm, Bill, 2008. "Net Benefits from growing lucerne (Medicago sativa) on the Broken Plains of north eastern Victoria," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 5972, Australian Agricultural and Resource Economics Society.
  67. Roger Cooke, 2013. "Uncertainty analysis comes to integrated assessment models for climate change…and conversely," Climatic Change, Springer, vol. 117(3), pages 467-479, April.
  68. Xepapadeas, Anastasios, 2005. "Economic growth and the environment," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 3, chapter 23, pages 1219-1271 Elsevier.
  69. Parry, Ian & Pizer, William & Fischer, Carolyn, 2002. "How Large Are the Welfare Gains from Technological Innovation Induced by Environmental Policies?," Discussion Papers dp-02-57, Resources For the Future.
  70. Arrow, Kenneth J. & Cropper, Maureen L. & Gollier, Christian & Groom, Ben & Heal, Geoffrey M. & Newell, Richard G. & Nordhaus, William D. & Pindyck, Robert S. & Pizer, William A. & Portney, Paul R. & , 2012. "How Should Benefits and Costs Be Discounted in an Intergenerational Context? The Views of an Expert Panel," Discussion Papers dp-12-53, Resources For the Future.
  71. Freeman, Mark C., 2009. "Yes, we should discount the far-distant future at its lowest possible rate: a resolution of the Weitzman-Gollier puzzle," Economics Discussion Papers 2009-42, Kiel Institute for the World Economy.
  72. Birol, Ekin & Koundouri, Phoebe & Kountouris, Yiannis, 2009. "Assessing the economic viability of alternative water resources in water scarce regions: The roles of economic valuation, cost–benefit analysis and discounting," 2009 Conference, August 16-22, 2009, Beijing, China 51692, International Association of Agricultural Economists.
  73. Colin Hunt & Seth Baum, 2009. "The ‘hidden’ social costs of forestry offsets," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 14(2), pages 107-120, February.
  74. Sun, Lili & van Kooten, G. Cornelis & Voss, Graham M., 2006. "Quality of Life as an Explanation of the Divergence between Ranchers’' WTA and WTP for Public Forage," 2006 Annual meeting, July 23-26, Long Beach, CA 21162, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  75. Dunford, Richard W. & Ginn, Thomas C. & Desvousges, William H., 2004. "The use of habitat equivalency analysis in natural resource damage assessments," Ecological Economics, Elsevier, vol. 48(1), pages 49-70, January.
  76. Saez, Carmen Almansa & Requena, Javier Calatrava, 2007. "Reconciling sustainability and discounting in Cost-Benefit Analysis: A methodological proposal," Ecological Economics, Elsevier, vol. 60(4), pages 712-725, February.
  77. Anna Creti & Alena Kotelnikova & Guy Meunier & Jean-Pierre Ponssard, 2015. "A cost benefit analysis of fuel cell electric vehicles," Working Papers hal-01116997, HAL.
  78. Owen, Anthony D., 2006. "Renewable energy: Externality costs as market barriers," Energy Policy, Elsevier, vol. 34(5), pages 632-642, March.
  79. Gulli, Francesco, 2006. "Social choice, uncertainty about external costs and trade-off between intergenerational environmental impacts: The emblematic case of gas-based energy supply decentralization," Ecological Economics, Elsevier, vol. 57(2), pages 282-305, May.
  80. Cairns, John, 2006. "Developments in discounting: With special reference to future health events," Resource and Energy Economics, Elsevier, vol. 28(3), pages 282-297, August.
  81. Moritz Drupp & Mark Freeman & Ben Groom & Frikk Nesje, 2015. "Discounting disentangled: an expert survey on the determinants of the long-term social discount rate," GRI Working Papers 196a, Grantham Research Institute on Climate Change and the Environment.
  82. Marechal, Kevin & Hecq, Walter, 2006. "Temporary credits: A solution to the potential non-permanence of carbon sequestration in forests?," Ecological Economics, Elsevier, vol. 58(4), pages 699-716, July.
  83. Oberst, Christian & Madlener, Reinhard, 2015. "Prosumer Preferences Regarding the Adoption of Micro‐Generation Technologies: Empirical Evidence for German Homeowners," FCN Working Papers 22/2014, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  84. Juan González-Hernández & Raquiel López-Martínez & J. Pérez-Hernández, 2007. "Markov control processes with randomized discounted cost," Mathematical Methods of Operations Research, Springer, vol. 65(1), pages 27-44, February.
  85. Dean T. Jamison & Julian Jamison, 2010. "Characterizing the amount and speed of discounting procedures," Working Papers 10-14, Federal Reserve Bank of Boston.
  86. Louis Kaplow, 2006. "Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency," NBER Working Papers 12239, National Bureau of Economic Research, Inc.
This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.