This note argues that positive discounting is necessary for intergenerational equity, and that the choice of the discount rate should be based on the principle that individuals of different generations should be treated in a symmetrical fashion.
Marini, G., Scaramozzino, P. (2008). Social time preference: a rejoinder. JOURNAL OF POPULATION ECONOMICS, 21(3), 623-625 [10.1007/s00148-006-0089-4].
Social time preference: a rejoinder
MARINI, GIANCARLO;SCARAMOZZINO, PASQUALE
2008-01-01
Abstract
This note argues that positive discounting is necessary for intergenerational equity, and that the choice of the discount rate should be based on the principle that individuals of different generations should be treated in a symmetrical fashion.File in questo prodotto:
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