How certain are we about the certainty-equivalent long term social discount rate?

Theoretical arguments for using a term structure of social discount rates (SDR) that declines with the time horizon have influenced Government guidelines in the US and Europe. The certainty equivalent discount rate that often underpins this guidance embodies uncertainty in the primitives of the SDR,...

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Bibliographic Details

Main Authors:	Mark Freeman, Ben Groom
Format:	Default Article
Published:	2016
Subjects:	Other commerce, management, tourism and services not elsewhere classified Declining discount rates Distribution uncertainty Social cost of carbon Business and Management not elsewhere classified
Online Access:	https://hdl.handle.net/2134/21902
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