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    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 (Unpublished)

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    Abstract

    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
    URI:

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