Time horizon and the discount rate.

DOI10.1006/jeth.2001.2952zbMath1033.91032OpenAlexW3122309020MaRDI QIDQ1867560

Christian Gollier

Publication date: 2 April 2003

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/a4fa29809f8e572d7ca1fd9beaaf3b4f2400b7f5

zbMATH Keywords

discountingprudenceuncertain growthtime horizon.

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (10)

A NOTE ON THE CONSEQUENCES OF AN ENDOGENOUS DISCOUNTING DEPENDING ON THE ENVIRONMENTAL QUALITY ⋮ Planetary boundaries of consumption growth: declining social discount rates ⋮ On current and future carbon prices in a risky world ⋮ The consumption-based determinants of the term structure of discount rates ⋮ Numerical analysis of non-constant pure rate of time preference: a model of climate policy ⋮ SOCIAL DISCOUNTING AND THE LONG RATE OF INTEREST ⋮ Targets for global climate policy: an overview ⋮ Ecological discounting ⋮ Discounting and divergence of opinion ⋮ Discounting with fat-tailed economic growth

Cites Work

• Ecological discounting
• Why the far-distant future should be discounted at its lowest possible rate
• A Theory of the Term Structure of Interest Rates
• An Intertemporal General Equilibrium Model of Asset Prices
• Proper Risk Aversion
• One-Switch Utility Functions and a Measure of Risk
• Asset Prices in an Exchange Economy
• Risk Vulnerability and the Tempering Effect of Background Risk
• Standard Risk Aversion
• An equilibrium characterization of the term structure

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