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Pricing the planet's future : the economics of discounting in an uncertain world
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ISBN: 1283646188 1400845408 9781400845408 9780691148762 0691148767 Year: 2013 Publisher: Princeton : Princeton University Press,

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Abstract

Our path of economic development has generated a growing list of environmental problems including the disposal of nuclear waste, exhaustion of natural resources, loss of biodiversity, climate change, and polluted land, air, and water. All these environmental problems raise the crucial challenge of determining what we should and should not do for future generations. It is also central to other policy debates, including, for example, the appropriate level of public debt, investment in public infrastructure, investment in education, and the level of funding for pension benefits and for research and development. Today, the judge, the citizen, the politician, and the entrepreneur are concerned with the sustainability of our development. The objective of Pricing the Planet's Future is to provide a simple framework to organize the debate on what we should do for the future. A key element of analysis by economists is the discount rate--the minimum rate of return required from an investment project to make it desirable to implement. Christian Gollier outlines the basic theory of the discount rate and the various arguments that favor using a smaller discount rate for more distant cash flows. With principles that can be applied to many policy areas, Pricing the Planet's Future offers an ideal framework for dynamic problems and decision making.

Keywords

Investments --- Discount. --- discount rate --- consumption --- econometrics --- economic indicator --- economic growth --- majandusnäitaja --- ekonominis rodiklis --- economische indicator --- indicatore economico --- táscaire eacnamaíoch --- indicador económico --- indicator economic --- економски показател --- икономически индикатор --- hospodársky ukazovateľ --- gospodarski kazalec --- ekonomikas rādītājs --- економски показатељ --- ekonomski pokazatelj --- hospodářský ukazatel --- gazdasági mutató --- οικονομικός δείκτης --- wskaźnik gospodarczy --- økonomisk indikator --- tregues ekonomik --- Wirtschaftsindikator --- indikatur ekonomiku --- ekonomisk indikator --- indicateur économique --- taloudellinen indikaattori --- ekonomický ukazatel --- економски индикатор --- indice economico --- ekonometrie --- економетрија --- econometría --- ökonomeetria --- econometrie --- økonometri --- οικονομετρία --- економетрия --- econometria --- économétrie --- ekonometri --- ekonometria --- ökonometria --- ekonometrija --- Ökonometrie --- економетричар --- tarbimine --- konsum --- κατανάλωση --- consommation --- потрошувачка --- ídiú --- forbrug --- consumo --- Verbrauch --- spotreba --- konsumtion --- konsumpcja --- kulutus --- patēriņš --- consum --- spotřeba --- vartojimas --- потрошња --- потребление --- verbruik --- potrošnja --- fogyasztás --- ídiú breosla --- sottoconsumo --- åtgång --- consumptie --- förbrukning --- normë e skontimit --- есконтна стопа --- diskontní sazba --- discontovoet --- taxa de desconto --- diskontná sadzba --- diskonttokorko --- taux d'escompte --- diskonto norma --- diskontna stopnja --- diskonto --- tasso di sconto --- diskontomäär --- дисконтна стапка --- leszámítolási kamatláb --- Diskontsatz --- stopa dyskontowa --- diskontosats --- tipo de descuento --- rată a scontului --- rata ta' skont --- diskonta likme --- eskontna stopa --- ráta lascaine --- сконтов лихвен процент --- προεξοφλητικό επιτόκιο --- Abzinsungssatz --- официјална дисконтна стапка --- laskentakorko --- есконтна каматна стопа --- saggio di sconto --- diskontna stopa --- tasso ufficiale di sconto --- normë e skontuar e interesit --- есконтна стапка --- diskonteringsrente --- Diskontzinssatz --- actualiseringspercentage --- stopa dyskonta --- základná úroková sadzba --- дисконтов лихвен процент --- diszkontráta --- diszkontláb --- normë skontimi --- rate of discount --- rată de actualizare --- taxa de atualização --- diskonteringsränta --- tasso di attualizzazione --- kalkulationsrente --- προεξοφλητικός τόκος --- discount interest rate --- eskontna obrestna mera --- disconteringsfactor --- tipo de actualización --- taux d'actualisation --- Wirtschaftswachstum --- ekonomisk tillväxt --- ūkio augimas --- gospodarska rast --- crescimento económico --- taloudellinen kasvu --- wzrost gospodarczy --- hospodářský růst --- majanduskasv --- croissance économique --- tkabbir ekonomiku --- rritje ekonomike --- economische groei --- creștere economică --- crescita economica --- икономически растеж --- привредни раст --- fás eacnamaíoch --- hospodársky rast --- crecimiento económico --- ekonomski rast --- økonomisk vækst --- економски раст --- ekonomikas pieaugums --- οικονομική μεγέθυνση --- gazdasági növekedés --- vækstrate --- zero growth --- miera rastu --- expansiune economică --- prieaugis --- pieauguma temps --- creștere zero --- nulový rast --- boom economico --- нулти раст --- crecimiento cero --- espansione economica --- talouden laajentuminen --- növekedés üteme --- nullkasv --- nulvækst --- kasvuvauhti --- ekonomisk expansion --- οικονομική επέκταση --- nulgroei --- nollakasvu --- nulti rast --- Nullwachstum --- ritmo de crecimiento --- növekedés mértéke --- μηδενική μεγέθυνση --- hospodársky vzostup --- tillväxttakt --- ρυθμός οικονομικής μεγέθυνσης --- kasvumäär --- nulles pieaugums --- míra hospodářského růstu --- nolltillväxt --- taxa de crescimento --- ekonomický růst --- nulinis augimas --- growth rate --- crescita zero --- gospodarski rast --- економска експанзија --- expansão económica --- stopa rasta --- økonomisk ekspansion --- rată de creștere economică --- croissance zéro --- majanduse laienemine --- expansion économique --- tasa de crecimiento --- zgjerim ekonomik --- economische expansie --- ekonomická expanze --- rritje zero --- augimo norma --- taux de croissance --- economic expansion --- nulový růst --- crescimento zero --- Wachstumsrate --- οικονομική αύξηση --- Wirtschaftsexpansion --- tasso di crescita --- zéró növekedés --- стапка на раст --- Investing --- Investment management --- Portfolio --- Finance --- Disinvestment --- Loans --- Saving and investment --- Speculation --- Bank discount --- Discount rate --- Social aspects. --- Discount --- Social aspects --- E-books --- tomhaltas --- eacnaiméadracht --- CBA. --- Markov switches. --- NPV. --- Poisson two-armed bandit. --- Ramsey rule. --- Weitzman argument. --- actual behaviors. --- adaptations. --- alternative decision criteria. --- backward induction. --- biodiversity. --- canonical models. --- capital. --- classical discounting approach. --- climate change. --- competitive economy. --- concordance. --- consumption. --- cost-benefit analysis. --- development sustainability. --- discount rate. --- discounted expected utility. --- ecological discount rate. --- ecological environments. --- economic depressions. --- economic development. --- economic growth rates. --- economic growth. --- economic reversions. --- economics. --- efficient discount rates. --- environmental assets. --- environmental policies. --- environmental quality. --- environmental risks. --- extreme events. --- fat tails. --- future environmental damages. --- future planning. --- inequalities. --- inequality aversion. --- interest rate. --- intergenerational habit formation. --- intergenerational welfare. --- intertemporal inequalities. --- investment opportunities. --- investment project selection. --- liquidity. --- long-term credit contracts. --- long-term growth. --- long-term risk. --- macroeconomic effects. --- maxmin ambiguity aversion. --- mean-reversion. --- natural resource exhaustion. --- net benefit. --- net future value. --- net present value. --- net present values. --- new investment opportunities. --- non-marginal projects. --- non-monetary benefits. --- nuclear waste disposal. --- option value. --- parametric uncertainty. --- pollution. --- positive discount rate. --- possible investments. --- precautionary effect. --- project valuation. --- public debt. --- public infrastructure. --- public policies. --- radical economic transformations. --- random walk. --- recursive expected utility. --- risk aversion. --- risk management. --- risk preferences. --- risk premium. --- risk. --- risky assets. --- risky projects. --- safe investment projects. --- safe investment. --- safe projects. --- saving. --- smooth ambiguity aversion. --- social welfare. --- stochastic dominance approach. --- substitution. --- term structure. --- theory of investment. --- two-period model. --- uncertain cash flows. --- uncertain economic growth. --- uncertain projects. --- uncertainty. --- unequal society. --- utility function. --- wealth inequalities.


Book
Econometric Analysis of Count Data
Authors: ---
ISBN: 1281242039 9786611242039 354078389X 3540776486 3642096409 9783540776482 9783540783893 Year: 2008 Publisher: Berlin, Heidelberg Springer-Verlag Berlin Heidelberg

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Abstract

"The book provides graduate students and researchers with an up-to-date survey of statistical and econometric techniques for the analysis of count data, with a focus on conditional distribution models. Proper count data probability models allow for rich inferences, both with respect to the stochastic count process that generated the data, and with respect to predicting the distribution of outcomes. The book starts with a presentation of the benchmark Poisson regression model. Alternative models address unobserved heterogeneity, state dependence, selectivity, endogeneity, underreporting, and clustered sampling. Testing and estimation is discussed from frequentist and Bayesian perspectives. Finally, applications are reviewed in fields such as economics, marketing, sociology, demography, and health sciences. The fifth edition contains several new topics, including copula functions, Poisson regression for non-counts, additional semi-parametric methods, and discrete factor models. Other sections have been reorganized, rewritten, and extended."--Publisher.

Keywords

Econometrics. --- Time-series analysis. --- Labor mobility --- Econometric models. --- Economics, Mathematical --- Statistics --- Mobility, Labor --- Migration, Internal --- Labor supply --- Labor turnover --- Analysis of time series --- Autocorrelation (Statistics) --- Harmonic analysis --- Mathematical statistics --- Probabilities --- Statistics. --- Statistics for Business, Management, Economics, Finance, Insurance. --- Statistical analysis --- Statistical data --- Statistical methods --- Statistical science --- Mathematics --- Econometrics --- Statistics . --- econometrics. --- economic model. --- information analysis. --- labour mobility. --- statistics. --- στατιστική --- statisztika --- estadística --- statistica --- estatística --- statistik --- statistiek --- tilasto --- statistică --- статистика --- štatistika --- Statistik --- statistique --- statistika --- statystyka --- staidreamh --- statistički izvor --- donnée statistique --- statistiskt sammanställning --- dato estadístico --- statistické zdroje --- statistická data --- quadro estatístico --- статистички извор --- štatistická tabuľka --- statistical table --- analyse statistique --- statistinė analizė --- statistical information --- statistiskais kopsavilkums --- statistiline analüüs --- fuente estadística --- anchetă statistică --- statistische controle --- statistikas pārskats --- statistisk undersøgelse --- statistická kontrola --- vrojtim statistikor --- statistická tabulka --- збирка на податоци --- статистички регистар --- controlo estatístico --- Statistisches Amt --- tilastoanalyysi --- πηγή στατιστικών στοιχείων --- tableau statistique --- statistiskā pārraudzība --- statistički podatak --- statističko istraživanje --- статистичко истражување --- statistische Tabelle --- statistische Daten --- monitoraggio statistico --- στατιστικός πίνακας --- dado estatístico --- statisztikai információ --- burim statistikor --- source statistique --- statistiska data --- statistická informace --- statistische analyse --- analisi statistica --- статистичка област --- statistický údaj --- statistische tabel --- indagine statistica --- στατιστική πληροφορία --- štatistické informácie --- statistiline ülevaade --- παρακολούθηση στατιστικών στοιχείων --- tilastollinen seuranta --- статистичка анализа --- štatistický prehľad --- statistisk analyse --- statistische Beobachtung --- statistische Überwachung --- statistiniai duomenys --- statistický úřad --- statistisk kilde --- statistisk analys --- date statistice --- statistické šetření --- statistikas avots --- statistische bron --- statistické zjišťování --- στατιστικό δεδομένο --- statistinė apžvalga --- statistiline kokkuvõte --- enquête statistique --- Statistischer Dienst --- analiză statistică --- statistisk materiale --- rilevazione statistica --- analizë statistikore --- statisztikai adat --- štatistický výber --- statistisk oplysning --- control estadístico --- fonte statistica --- fonte estatística --- statistical analysis --- statistisk källa --- statistiline vaatlus --- statistikas informācija --- encuesta estadística --- στατιστική έρευνα --- статистички преглед --- inquérito estatístico --- análisis estadístico --- statistical source --- statistická analýza --- statisztikai elemzés --- statistilised andmed --- tilastolliset tiedot --- štatistická analýza --- statistisk tabel --- statisztikai táblázat --- statistical data --- statistische Information --- monitorim statistikor --- statistisch onderzoek --- statistički pregled --- statistinė santrauka --- statistička tablica --- statistische Analyse --- statistikas tabula --- statistical abstract --- statistical survey --- statistisch overzicht --- statistička analiza --- statistisk kontrol --- statistinė lentelė --- statistisk opgørelse --- statistischer Nachweis --- statistiskas dati --- statistische Quelle --- štatistický monitoring --- abstrakt statistikor --- statističko praćenje --- información estadística --- štatistické údaje --- статистички податок --- informacion statistikor --- statistický přehled --- tabelë statistikore --- tilastollinen taulukko --- statistische informatie --- статистичка доверливост --- information statistique --- στατιστικές καταστάσεις --- statistiline teave --- προέλευση στατιστικών στοιχείων --- cuadro estadístico --- štatistický zdroj --- informazione statistica --- të dhëna statistikore --- statistiskā analīze --- statistisk information --- informação estatística --- στατιστική ανάλυση --- statistical monitoring --- statistische Erhebung --- statistisk övervakning --- статистички годишник --- statistiline seire --- surveillance statistique --- statistisk undersökning --- relevé statistique --- statistinė informacija --- statistisk tabell --- statistisch gegeven --- statistiline info --- statistinės informacijos šaltinis --- tilastollinen tutkimus --- análise estatística --- tabla estadística --- dato statistico --- statisztikai felmérés --- statisztikai adatforrás --- tilastotiedot --- tabella statistica --- relação estatística --- tilastollinen yhteenveto --- quadro statistico --- tilastollinen lähde --- soghluaisteacht lucht saothair --- mobiliteit van arbeidskrachten --- покретљивост радне снаге --- pokretljivost radne snage --- мобилност на работна сила --- mobilità tas-suq tax-xogħol --- ruchliwość pracownicza --- tööjõu liikuvus --- arbetskraftens rörlighet --- darbo jėgos judumas --- Mobilität der Arbeitskräfte --- darbaspēka mobilitāte --- κινητικότητα του εργατικού δυναμικού --- mobilitatea forței de muncă --- mobilità della manodopera --- lëvizshmëria e fuqisë punëtore --- munkaerő mobilitása --- pracovná mobilita --- mobilité de la main-d'œuvre --- мобилност на работната сила --- arbejdskraftens bevægelighed --- työvoiman liikkuvuus --- movilidad de la mano de obra --- mobilita pracovní síly --- mobilnost delovne sile --- mobilidade da mão de obra --- movilidad del personal --- personalens rörlighet --- mobilitatea personalului --- výmena pracovníkov --- työntekijävaihto --- työntekijöiden liikkuvuus --- troca de trabalhadores --- keitimasis darbuotojais --- distacco --- töötajate liikuvus --- uitwisseling van arbeidskrachten --- darbinieku apmaiņa --- хоризонтална мобилност на работниците --- přidělení k výkonu služby --- mobilidade do pessoal --- worker exchange --- scambio di lavoratori --- henkilöstön liikkuvuus --- intercambio de trabajadores --- ανταλλαγή εργαζομένων --- κινητικότητα προσωπικού --- výměna pracovníků --- darbuotojų judumas --- mobilité de la main-d'oeuvre --- mobiliteit van personeel --- mobilita pracovnej sily --- arbejdskraftmobilitet --- Mobilität der Arbeitnehmer --- schimb de personal --- utbyte av arbetstagare --- shkëmbim i punonjësve --- udveksling af arbejdstagere --- personalemobilitet --- darbaspēka kustīgums --- detacheren --- erhvervsmæssig bevægelighed --- detașarea personalului --- darbo jėgos mobilumas --- inimtööjõu liikuvus --- détachement --- Mobilität des Personals --- töötajate vahetus --- staff mobility --- подвижност на работната сила --- manpower mobility --- Austausch von Arbeitskräften --- mobilidade da mão-de-obra --- mobilita pracovníkov --- mobilità del personale --- lëvizshmëri e personelit --- lëvizshmëri e fuqisë punëtore --- mobilita pracovníků --- munkavállalók mobilitása --- mobilité du personnel --- darbinieku mobilitāte --- échange de travailleurs --- anailís ar fhaisnéis --- analiza informacija --- analiza informacji --- informační analýza --- informationsanalyse --- analiza informației --- анализа на информации --- analizë e informacionit --- informačná analýza --- informacijos analizė --- analisi delle informazioni --- análise da informação --- analiżi tal-informazzjoni --- анализ на информация --- analyse de l'information --- analiza informacij --- informācijas analīze --- infoanalüüs --- análisis de la información --- informationsanalys --- tiedon sisällön analyysi --- információelemzés --- informatieanalyse --- Informationsanalyse --- анализа информација --- ανάλυση πληροφοριών --- dokumentinė analizė --- documentary analysis --- ανάλυση δεδομένων --- análise de dados --- análise documental --- gegevensanalyse --- dokumentanalyse --- dokumentační analýza --- dokumentumelemzés --- Datenanalyse --- analyse des données --- duomenų analizė --- dokumentanalys --- dokumendianalüüs --- dataanalys --- analisi documentaria --- analiza datelor --- analiza podataka --- tiedon analysointi --- asiakirjojen analysointi --- analizë dokumentuese --- ανάλυση τεκμηρίωσης --- Dokumentenanalyse --- datu analīze --- análisis de documentos --- analizim të dhënash --- dataanalyse --- data analysis --- dokumentālā analīze --- análisis de datos --- analisi dei dati --- analiză documentară --- analyse documentaire --- análisis documental --- raščlamba obavijesti --- adatelemzés --- dokumentačná analýza --- analýza údajov --- andmeanalüüs --- documentaire analyse --- ekonomický model --- Wirtschaftsmodell --- model ekonomiczny --- ekonominis modelis --- model ekonomik --- taloudellinen malli --- økonomisk model --- ekonomikas modelis --- modelo económico --- model economic --- икономически модел --- mudell ekonomiku --- majandusmudel --- gazdasági modell --- ekonomski model --- samhail eacnamaíoch --- modèle économique --- економски модел --- οικονομικό υπόδειγμα --- modello economico --- economisch model --- ekonomisk modell --- ekonometriskais modelis --- modèle économétrique --- økonometrisk model --- econometric model --- οικονομικό μοντέλο --- econometrisch model --- model econometric --- ekonometrinen malli --- modello econometrico --- model ekonometrik --- οικονομετρικό υπόδειγμα --- ökonomisches Modell --- ekonometrisk modell --- ökonomeetriline mudel --- gospodarski model --- ekonometrinis modelis --- економетриски модел --- οικονομετρικό μοντέλο --- ekonometrický model --- ökonometriai modell --- ökonometrisches Modell --- modelo econométrico --- ekonometrie --- економетрија --- econometría --- ökonomeetria --- econometrie --- økonometri --- οικονομετρία --- економетрия --- econometria --- économétrie --- eacnaiméadracht --- ekonometri --- ekonometria --- ökonometria --- ekonometrija --- Ökonometrie --- економетричар --- Time-series analysis --- 330.115 --- 519.2 --- 65 --- 303.5 --- 305.971 --- AA / International- internationaal --- Econometric models --- Kwantitatieve methoden (economie) --- Wiskundige statistiek --- Bedrijfseconomie --- Theorie van correlatie en regressie. (OLS, adjusted LS, weighted LS, restricted LS, GLS, SLS, LIML, FIML, maximum likelihood). Parametric and non-parametric methods and theory (wiskundige statistiek) --- Speciale gevallen in econometrische modelbouw

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