Perspective, time frame and discount rate
Reexamining the Market Timing Ability of Equity Funds in China—Cash Flow and Discount Rate Perspective
... future discount rates, which are the main sources of uncertainty or risks faced by investors at the same ...and discount rate risk when explaining the size and value anomalies in stock ...the ...
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Biodiversity valuation and the discount rate problem
... The economic approach to discounting described here is firmly rooted in the Utilitarian tradition which is consequentialist in nature. The 'goodness' in any action or policy is thereby measured in terms of the final ...
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The Discount Rate in Emerging Markets: A Guide
... The paper deals with investments in real assets in developing countries. The traditional practitioners’ approach of incorporating a country risk premium is put into perspective, and an account is given of a ...
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Determining the Discount Rate for Government Projects
... charge rate, ...government perspective this is a social opportunity cost, although it is making some assumption about the next best option having the same characteristics as public ...charge rate is ...
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Time Series Properties of Liquidation Discount
... a perspective of a stock investor with a long spot position in a ...liquidation discount. This is the market impact discount in value yielded by the immediate sale of the portfolio relative to its in ...
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Time horizon and the discount rate
... the time horizon is ...efficient discount rate is decreasing with the time horizon if and only if relative risk aversion is ...longer time horizon on the valuation of future cash ...
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A time preference measure of the social discount rate for Iran
... social discount rate for Iran using the social rate of time preference ...social discount rate, is estimated using the ARDL bounds test- ing approach from a demand for food model ...
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Risk Aversion and the Subjective Time Discount Rate: A Joint Approach
... Necessarily the present paper also starts from a compromise. In this paper we use a large anonymous survey in which we ask for the bidding price for six different lotteries (cf. Hartog, Ferrer-i-Carbonell, Jonkers (2001) ...
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Group of 100 Discount Rate
... Current debt market conditions. Issuance of corporate bonds is subject to change over time, which may impact upon whether the accounting standard requirements of a deep market are met. Current capital market ...
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A social discount rate for Turkey
... Social Discount Rate (SDR) measures the rate at which a society is willing to trade present for future ...this rate is too high, future generations will face excess financial burden since ...
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Decomposing the social discount rate
... Social Discount Rate Page 3 basis of a discount rate founded on individual time preference, as investment generates public‐good type benefits which would be under‐supplied if decisions ...
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The discount rate for income properties
... Unfortunately, because of their heterogeneity, high transaction costs and lack of liquidity time series are non-existent for income properties. So, it is generally quite difficult to estimate property betas ...
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The discount rate: a note on IAS 36
... the discount rate should reflect the time value of money and the risks specific to the asset, as far as the future cash flow estimates have not been adjusted for these ...
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A Non-Unitary Discount Rate Model
... Keywords: Non unitary discount rate, Tax policies, Time-inconsistency, Friedman rule. JEL Classification Numbers:D9, E52, H21 ∗ The authors are grateful to Nobuo Akai, Kenn Ariga, Kyoji Fukao, ...
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Consumption inequality and discount rate heterogeneity
... Finally, I use the simulated model to revisit a welfare question which was addressed by Keane and Wolpin (1997), Storesletten et al. (2004) and Huggett et al. (2012): which is more important to the lifetime welfare, ...
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The Discount Rate: A Note on IAS 36
... the discount rate should reflect the time value of money and the risks specific to the asset, as far as the future cash flow estimates have not been adjusted for these ...
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Federal Discount Rate FY 2003
... interest rate for discounting, that is, converting benefits and costs to a common time basis, is set each fiscal year in accordance with Section 80 of Public Law ...the rate from ...computed ...
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The discount window : time for reform?
... the discount window were not functioning well as a safety valve for short-term liquidity pressures, greater volatil- ity in the federal funds rate would be ...interest rate volatility. 21 ...
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Climate policies deserve a negative discount rate
... market rate is that this rate measures the opportunity cost of ...count rate is ...market rate, which is supposedly greater, would bring greater benefits to the ...lower discount ...
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Discount Rate Becoming A Doctor Excel Spreadsheet
... buttons, discount rate becoming a doctor excel spreadsheet capabilities of the mrads before income may ...to discount rate becoming a doctor excel spreadsheet option for each successive step ...
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