Discounting the distant future: how much do uncertain rates increase valuations?

2003/06/02 by Richard G. Newell, William A. Pizer · 3 citations
Economics, Econometrics and Finance · #Capital Investment and Risk Analysis #Economic and Environmental Valuation #Housing Market and Economics

paper · doi:10.1016/s0095-0696(02)00031-1

openalex publication_date 2003/06/02 · crossref created 2003/06/02 · crossref issued 2003/07/01 · crossref published 2003/07/01 · crossref published-print 2003/07/01 · crossref deposited 2019/03/20 · openalex created_date 2025/10/10 · openalex updated_date 2026/05/30 · crossref indexed 2026/06/03

Citations

• Testing the null hypothesis of stationarity against the alternative of a unit root
• A Mathematical Theory of Saving
• Distribution of the Estimators for Autoregressive Time Series with a Unit Root
• Waiting to Invest: Investment and Uncertainty
• The Pricing of Options and Corporate Liabilities

Cited by

• DISCOUNTING FOR PUBLIC POLICY: A SURVEY
• Limitations of integrated assessment models of climate change
• Cost–benefit analysis [wikipedia]