Discounting and Welfare Evaluation of Policies
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Jean-François Mertens & Anna Rubinchik, 2017. "Discounting and welfare evaluation of policies," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 19(5), pages 903-920, October.
References listed on IDEAS
- Harberger, Arnold C. & Jenkins, Glenn P., 2015.
"Musings on the Social Discount Rate 1,"
Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 6(1), pages 6-32, April.
- Arnold C. Harberger & Glenn P. Jenkins, 2015. "Musings on the Social Discount Rate," Development Discussion Papers 2015-01, JDI Executive Programs.
- Amrita Dhillon & Jean-Francois Mertens, 1999.
"Relative Utilitarianism,"
Econometrica, Econometric Society, vol. 67(3), pages 471-498, May.
- DHILLON, Amrita & MERTENS, Jean-François, 1993. "Relative Utilitarianism," LIDAM Discussion Papers CORE 1993048, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- DHILLON, Amrita & MERTENS, Jean-François, 1999. "Relative utilitarianism," LIDAM Reprints CORE 1398, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Murty, Sushama, 2009.
"Topology of utility possibility frontiers of economies with Ramsey taxation,"
Economic Research Papers
271288, University of Warwick - Department of Economics.
- Murty, Sushama, 2009. "Topology of utility possibility frontiers of economies with Ramsey taxation," The Warwick Economics Research Paper Series (TWERPS) 912, University of Warwick, Department of Economics.
- Dreze, Jean & Stern, Nicholas, 1987. "The theory of cost-benefit analysis," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 2, chapter 14, pages 909-989, Elsevier.
- Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
- Mertens, Jean-François & Rubinchik, Anna, 2012.
"Intergenerational Equity And The Discount Rate For Policy Analysis,"
Macroeconomic Dynamics, Cambridge University Press, vol. 16(1), pages 61-93, February.
- Mertens, Jean-Francois & Rubinchik, Anna, "undated". "Intergenerational Equity And The Discount Rate For Policy Analysis," Working Papers WP2011/4, University of Haifa, Department of Economics.
- MERTENS, Jean-François & RUBINCHIK, Anna, 2012. "Intergenerational equity and the discount rate for policy analysis," LIDAM Reprints CORE 2438, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Mertens, Jean-François & Rubinchik, Anna, 2019.
"Regularity And Stability Of Equilibria In An Overlapping Generations Growth Model,"
Macroeconomic Dynamics, Cambridge University Press, vol. 23(2), pages 699-729, March.
- Mertens, Jean-Francois & Rubinchik, Anna, "undated". "Regularity And Stability Of Equilibria In An Overlapping Generations Growth Model," Working Papers WP2014/2, University of Haifa, Department of Economics.
- Mertens, Jean-François & Rubinchik, Anna, 2015.
"Pareto Optimality Of The Golden Rule Equilibrium In An Overlapping Generations Model With Production And Transfers,"
Macroeconomic Dynamics, Cambridge University Press, vol. 19(8), pages 1780-1799, December.
- MERTENS, Jean-François & RUBINCHIK, Anna, 2012. "Pareto optimality of the golden rule equilibrium in an overlapping generations model with production and transfers," LIDAM Discussion Papers CORE 2012033, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- A. J. Auerbach & M. Feldstein (ed.), 2002. "Handbook of Public Economics," Handbook of Public Economics, Elsevier, edition 1, volume 4, number 4.
- King, Robert G & Plosser, Charles I & Rebelo, Sergio T, 2002.
"Production, Growth and Business Cycles: Technical Appendix,"
Computational Economics, Springer;Society for Computational Economics, vol. 20(1-2), pages 87-116, October.
- Morten Ravn, "undated". "King-Plosser-Rebelo GAUSS programmes," QM&RBC Codes 104, Quantitative Macroeconomics & Real Business Cycles.
- A. J. Auerbach & M. Feldstein (ed.), 2002. "Handbook of Public Economics," Handbook of Public Economics, Elsevier, edition 1, volume 3, number 3.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Aviad Heifetz & Enrico Minelli & Herakles Polemarchakis, 2021.
"Liberal parentalism,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 23(6), pages 1107-1129, December.
- Heifetz, Aviad & Minelli, Enrico & Polemarchakis, Herakles, 2020. "Liberal parentalism," The Warwick Economics Research Paper Series (TWERPS) 1289, University of Warwick, Department of Economics.
- Heifetz, Aviad & Minelli, Enrico & Polemarchakis, Herakles, 2020. "Liberal parentalism," CRETA Online Discussion Paper Series 59, Centre for Research in Economic Theory and its Applications CRETA.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mertens, Jean-François & Rubinchik, Anna, 2012.
"Intergenerational Equity And The Discount Rate For Policy Analysis,"
Macroeconomic Dynamics, Cambridge University Press, vol. 16(1), pages 61-93, February.
- Mertens, Jean-Francois & Rubinchik, Anna, "undated". "Intergenerational Equity And The Discount Rate For Policy Analysis," Working Papers WP2011/4, University of Haifa, Department of Economics.
- MERTENS, Jean-François & RUBINCHIK, Anna, 2012. "Intergenerational equity and the discount rate for policy analysis," LIDAM Reprints CORE 2438, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Gorokhovsky, Alexander & Rubinchik, Anna, 2022.
"Necessary and sufficient conditions for determinacy of asymptotically stationary equilibria in OLG models,"
Journal of Economic Theory, Elsevier, vol. 204(C).
- Alexander Gorokhovsky & Anna Rubinchik, 2019. "Necessary and Sufficient Conditions for Determinacy of Asymptotically Stationary Equilibria in Olg Models," Cowles Foundation Discussion Papers 2179, Cowles Foundation for Research in Economics, Yale University.
- MERTENS, Jean-François & RUBINCHIK, Anna, 2006.
"Intergenerational equity and the discount rate for cost-benefit analysis,"
LIDAM Discussion Papers CORE
2006091, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Anna Rubinchik & Jean-Francois Mertens, 2008. "Intergenerational equity and the discount rate for cost-benefit analysis," 2008 Meeting Papers 874, Society for Economic Dynamics.
- Jean-François, MERTENS & Anna, RUBINCHIK, 2008. "Intergenerational equity and the discount rate for cost-benefit analysis," Discussion Papers (ECON - Département des Sciences Economiques) 2008047, Université catholique de Louvain, Département des Sciences Economiques.
- Mertens, Jean-François & Rubinchik, Anna, 2008. "Intergenerational equity and the discount rate for cost-benefit analysis," LIDAM Discussion Papers CORE 2008077, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Zrinka Lukač, 2023. "Optimal taxation of a perfectly competitive firm with Cobb–Douglas production function as a bilevel programming problem," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 31(3), pages 891-909, September.
- Fabio Ghironi & Sanjay K. Chugh, 2010.
"Optimal Fiscal Policy with Endogenous Product Variety,"
2010 Meeting Papers
812, Society for Economic Dynamics.
- Ghironi, Fabio & Chugh, Sanjay K., 2015. "Optimal Fiscal Policy with Endogenous Product Variety," CEPR Discussion Papers 10674, C.E.P.R. Discussion Papers.
- Sanjay K. Chugh & Fabio Ghironi, 2011. "Optimal Fiscal Policy with Endogenous Product Variety," NBER Working Papers 17319, National Bureau of Economic Research, Inc.
- Sanjay K. Chugh & Fabio Ghironi, 2012. "Optimal Fiscal Policy with Endogenous Product Variety," Boston College Working Papers in Economics 845, Boston College Department of Economics.
- Fabio Ghironi & Sanjay K. Chugh, 2011. "Optimal Fiscal Policy with Endogenous Product Variety," Boston College Working Papers in Economics 775, Boston College Department of Economics.
- Bossi, Luca, 2008. "Intergenerational risk shifting through social security and bailout politics," Journal of Economic Dynamics and Control, Elsevier, vol. 32(7), pages 2240-2268, July.
- Tran, Chung & Wende, Sebastian, 2021.
"On the marginal excess burden of taxation in an overlapping generations model,"
Journal of Macroeconomics, Elsevier, vol. 70(C).
- Chung Tran & Sebastian Wende, 2017. "On the Marginal Excess Burden of Taxation in an Overlapping Generations Model," ANU Working Papers in Economics and Econometrics 2017-652, Australian National University, College of Business and Economics, School of Economics.
- Lapo Filistrucchi & Fatih Cemil Ozbugday, 2012.
"Mandatory Quality Disclosure and Quality Supply: Evidence from German Hospitals,"
Working Papers - Economics
wp2012_16.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
- Filistrucchi, L. & Ozbugday, F.C., 2012. "Mandatory Quality Disclosure and Quality Supply : Evidence from German Hospitals," Discussion Paper 2012-031, Tilburg University, Tilburg Law and Economic Center.
- Filistrucchi, L. & Ozbugday, F.C., 2012. "Mandatory Quality Disclosure and Quality Supply : Evidence from German Hospitals," Discussion Paper 2012-070, Tilburg University, Center for Economic Research.
- Montalvo, José G. & Piolatto, Amedeo & Raya, Josep, 2020.
"Transaction-tax evasion in the housing market,"
Regional Science and Urban Economics, Elsevier, vol. 81(C).
- José Garcia Montalvo & Amedeo Piolatto & Josep M. Raya, 2019. "Transaction-tax evasion in the housing market," Economics Working Papers 1645, Department of Economics and Business, Universitat Pompeu Fabra.
- José G. Montalvo & Amedeo Piolatto & Josep Raya, 2019. "Transaction-tax evasion in the housing market," Working Papers 2019/03, Institut d'Economia de Barcelona (IEB).
- José García-Montalvo & Amedeo Piolatto & Josep M. Raya, 2019. "Transaction-tax Evasion in the Housing Market," Working Papers 1080, Barcelona School of Economics.
- Nikolov, Plamen & Adelman, Alan, 2019.
"Do private household transfers to the elderly respond to public pension benefits? Evidence from rural China,"
The Journal of the Economics of Ageing, Elsevier, vol. 14(C).
- Nikolov, Plamen & Adelman, Alan, 2019. "Do Private Household Transfers to the Elderly Respond to Public Pension Benefits? Evidence from Rural China," GLO Discussion Paper Series 357, Global Labor Organization (GLO).
- Nikolov, Plamen & Adelman, Alan, 2019. "Do Private Household Transfers to the Elderly Respond to Public Pension Benefits? Evidence from Rural China," IZA Discussion Papers 12532, Institute of Labor Economics (IZA).
- Plamen Nikolov & Alan Adelman, 2020. "Do Private Household Transfers to the Elderly Respond to Public Pension Benefits? Evidence from Rural China," Papers 2006.01185, arXiv.org, revised Jun 2020.
- Nikolov, Plamen & Adelman, Alan, 2019. "Do Private Household Transfers to the Elderly Respond to Public Pension Benefits? Evidence from Rural China," MPRA Paper 94646, University Library of Munich, Germany.
- Plamen Nikolov & Alan Adelman, 2019. "Do Private Household Transfers to the Elderly Respond to Public Pension Benefits? Evidence from Rural China," Working Papers 2019-053, Human Capital and Economic Opportunity Working Group.
- Desai, Mihir A. & Hines, James R. Jr., 2002.
"Expectations and Expatriations: Tracing the Causes and Consequences of Corporate Inversions,"
National Tax Journal, National Tax Association;National Tax Journal, vol. 55(3), pages 409-440, September.
- Mihir A. Desai & James R. Hines Jr., 2002. "Expectations and Expatriations: Tracing the Causes and Consequences of Corporate Inversions," NBER Working Papers 9057, National Bureau of Economic Research, Inc.
- Magda Iga & Kiełczewska Aneta & Brandt Nicola, 2020. "The effect of child benefit on female labor supply," IZA Journal of Labor Policy, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 10(1), pages 1-18, March.
- Carbonnier Cl´ement, 2014.
"The incidence of non-linear consumption taxes,"
Научный результат. Серия «Экономические исследования», CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Белгородский государственный национальный исследовательский университет», issue 1, pages 5-18.
- Clément Carbonnier, 2013. "The Incidence of Non-Linear Consumption Taxes," THEMA Working Papers 2013-19, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Clément Carbonnier, 2013. "The Incidence of Non-Linear Consumption Taxes," Working Papers halshs-00872474, HAL.
- Auerbach, Alan & Kueng, Lorenz & Lee, Ronald & Yatsynovich, Yury, 2018.
"Propagation and smoothing of shocks in alternative social security systems,"
Journal of Public Economics, Elsevier, vol. 164(C), pages 91-105.
- Alan Auerbach & Lorenz Kueng & Ronald Lee, 2013. "Propagation and Smoothing of Shocks in Alternative Social Security Systems," NBER Working Papers 19137, National Bureau of Economic Research, Inc.
- Auerbach, Alan & Kueng, Lorenz & Lee, Ronald & Yatsynovich, Yury, 2018. "Propagation and smoothing of shocks in alternative social security systems," Department of Economics, Working Paper Series qt0xv641jh, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Boone, Jan & Müller, Wieland, 2012.
"The distribution of harm in price-fixing cases,"
International Journal of Industrial Organization, Elsevier, vol. 30(2), pages 265-276.
- Boone, Jan & Müller, Wieland, 2008. "The Distribution of Harm in Price-Fixing Cases," CEPR Discussion Papers 6949, C.E.P.R. Discussion Papers.
- Boone, J. & Müller, W., 2008. "The Distribution of Harm in Price-Fixing Cases," Discussion Paper 2008-68, Tilburg University, Center for Economic Research.
- Boone, J. & Müller, W., 2008. "The Distribution of Harm in Price-Fixing Cases," Other publications TiSEM 4902e2bb-47cb-4922-b4c8-6, Tilburg University, School of Economics and Management.
- Jean-Pierre Laffargue, 2009. "Intergenerational Transfers and the Stability of Public Debt with Short-Lived Governments," Mathematical Population Studies, Taylor & Francis Journals, vol. 16(1), pages 79-104.
- Louis Kaplow, 2009. "Utility from Accumulation," NBER Working Papers 15595, National Bureau of Economic Research, Inc.
- Helliwell, John & Huang, Haifang, 2011. "New measures of the costs of unemployment: Evidence from the subjective well-being of 2.3 million Americans," Working Papers 2011-3, University of Alberta, Department of Economics.
- Håkan Selin, 2012.
"Marginal Tax Rates and Tax‐Favoured Pension Savings of the Self‐Employed: Evidence from Sweden,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 114(1), pages 79-100, March.
- Selin, Håkan, 2009. "Marginal tax rates and tax-favoured pension savings of the self-employed Evidence from Sweden," Working Paper Series 2009:6, Uppsala University, Department of Economics.
- Selin, Håkan, 2009. "Marginal tax rates and tax-favoured pension savings of the selfemployed Evidence from Sweden," Working Paper Series, Center for Fiscal Studies 2009:4, Uppsala University, Department of Economics.
- Håkan Selin, 2010. "Marginal Tax Rates and Tax-Favoured Pension Savings of the Self-Employed - Evidence from Sweden," CESifo Working Paper Series 3059, CESifo.
- Giesecke, Matthias & Jäger, Philipp, 2021.
"Pension incentives and labor supply: Evidence from the introduction of universal old-age assistance in the UK,"
Journal of Public Economics, Elsevier, vol. 203(C).
- Giesecke, Matthias & Jäger, Philipp, 2020. "Pension incentives and labor supply: Evidence from the introduction of universal old-age assistance in the UK," Ruhr Economic Papers 844, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Giesecke, Matthias & Jaeger, Philipp, 2021. "Pension Incentives and Labor Supply: Evidence from the Introduction of Universal Old-Age Assistance in the UK," IZA Discussion Papers 14469, Institute of Labor Economics (IZA).
More about this item
Keywords
policy evaluation; discounting; social welfare function; social discount rate; overlapping generations;All these keywords.
JEL classification:
- D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
- H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
- H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2015-12-01 (Dynamic General Equilibrium)
- NEP-FDG-2015-12-01 (Financial Development and Growth)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:haf:huedwp:wp201507. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anna Rubinchik (email available below). General contact details of provider: https://edirc.repec.org/data/dehaiil.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.