Browsing Economics (Scholarly Publications) by Subject "discount rate"

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    • Modified Ramsey Discounting for Climate Change 

      TOL, RICHARD S. J. (ESRI, 2011)
      The Ramsey rule for the consumption rate of discount assumes a transfer of money of a (representative) agent at one point in time to the same agent at another point in time. Climate policy (implicitly) transfers money not ...

    • Regional and Sectoral Estimates of the Social Cost of Carbon: An Application of FUND 

      Anthoff, David; Rose, Steven K.; Waldhoff, Stephanie; TOL, RICHARD S. J. (ESRI, 2011)
      The social cost of carbon is an estimate of the benefit of reducing CO2 emissions by one ton today. As such it is a key input into cost-benefit analysis of climate policy and regulation. We provide a set of new estimates ...