All pages with keywords: cost-benefit analysis

Michael Spackman

Appropriate time discounting in the public sector

a working paper by Michael Spackman 14 March, 2016

A substantial literature of social discounting has now extended over more than 50 years, but practical approaches in developed economies and international bodies continue to vary widely. This is sometimes … read more »


Declining discount rates and the Fisher Effect: inflated past, discounted future?

Declining discount rates and the Fisher Effect: inflated past, discounted future?

a working paper 29 March, 2013

Uncertain, yet persistent, real rates of return to capital underpin one argument for using a  declining schedule of social discount rates. Yet persistency is only present … read more »