Declining Discount Rates: Evidence from the UK
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- Groom, Ben & Koundouri, Phoebe & Panopoulou, Ekaterini & Pantelidis, Theologos, 2005. "Declining Discount Rates: Evidence from the UK," MPRA Paper 122402, University Library of Munich, Germany.
- Ben Groom & Phoebe Koundouri & Ekaterini Panopoulou & Theologos Pantelidis, 2005. "Declining Discount Rates: Evidence from the UK," DEOS Working Papers 0503, Athens University of Economics and Business.
References listed on IDEAS
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- Weitzman, Martin L., 1998. "Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate," Journal of Environmental Economics and Management, Elsevier, vol. 36(3), pages 201-208, November.
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More about this item
Keywords
long-run discounting; state-space models; regime-switching models; climate change policy; nuclear build;All these keywords.
JEL classification:
- C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2005-09-29 (Energy Economics)
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