Discounting with fat-tailed economic growth (Q1029243): Difference between revisions

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+W2128928592
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+Rare Disasters and Asset Markets in the Twentieth Century*
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+Time horizon and the discount rate.
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+The consumption-based determinants of the term structure of discount rates
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+Discounting the distant future: How much do uncertain rates increase valuations?
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+An equilibrium characterization of the term structure
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+Why the far-distant future should be discounted at its lowest possible rate
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