Discounting and relative prices

By M. Hoel, T. Sterner. 2007

224 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management, Monitoring, Policy and Law

View Paper: https://www.semanticscholar.org/paper/00fdc536f200c11f9f6e30f3a53bcabcc9182586

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Citations in the corpus

Recent advances in the valuation of ecosystem services and biodiversity (2012, background): “Hoel and Sterner (2007) and Sterner and Persson (2008) have indicated some initial steps towards a practical exposition of this thinking (in the context of valuing the damage arising from climate change).”
Limitations of integrated assessment models of climate change (2009, background): “…lower than r, and possibly even negative, as long as the elasticity of substitution in demand between produced goods and environmental services is low and the produced goods sector grows faster than the environmental services sector (which may be constant or even declining) (Hoel and Sterner 2007).”
Urban Sustainability and Resilience: From Theory to Practice (2016, background): “Therefore, the discount rate seems to give low values to future damages, and thus, to “play against” the environment and future generations [62].”
The Long-Run Discount Rate Controversy (2014, background): “In the context of environmental quality, this effective rate is described as the ‘ecological discount rate’ (Guesnerie 2004, Hoel and Sterner 2007, Gollier 2010, 2012).”
An Even Sterner Review: Introducing Relative Prices into the Discounting Debate (2008, unknown): “In a recent paper, Hoel and Sterner (2007) analyze a conceptual model of the economy consisting of two sectors with different growth rates.”
Discounting climate change (2008, background): “1 Heal (1998, 2007) and Hoel and Sterner (2007) study inter-generational welfare economics when individual felicities depend on stocks of environmental capital.”
Economic Analysis for Ecosystem Service Assessments (2011, background): “67 Hoel and Sterner (2007) and Sterner and Persson (2008) show how the marginal shadow value of a scarce environmental service might increase over time.”