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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 (Unpublished)

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    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
      Use Licence: This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here

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