Intergenerational equity and the discount rate for policy analysis

DOI10.1017/S1365100510000386MaRDI QIDQ2844992zbMATH OpenOpenAlexFDO

Authors Anna Rubinchik, Jean-François Mertens

Publication date 21 August 2013

Published in Macroeconomic Dynamics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1017/s1365100510000386

zbMATH Keywords

cost-benefit analysisutilitarianismintergenerational equityoverlapping generationsdiscount ratepolicy reform

Mathematics Subject Classification ID

Economic dynamics (91B55) Economic growth models (91B62) Welfare economics (91B15)

Recommendations

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• On multi-utility representation of equitable intergenerational preferences
• How stationarity contradicts intergenerational equity

Cites work

• scientific article; zbMATH DE number 3145485 (Why is no real title available?)
• scientific article; zbMATH DE number 646228 (Why is no real title available?)
• Aggregating Infinite Utility Streams with InterGenerational Equity: The Impossibility of Being Paretian
• An axiomatic approach to sustainable development
• Discounting climate change
• Intertemporal equity and the extension of the Ramsey criterion.
• On the impossibility of representing infinite utility streams
• Production, growth and business cycles: Technical appendix
• Regularity in overlapping generations exchange economies
• Relative Utilitarianism
• Stationary Ordinal Utility and Impatience
• The determinacy of equilibrium in economies of overlapping generations
• Unjust intergenerational allocations

Cited in

(9)

• How to correctly calculate discounted healthcare costs and benefits
• Intergenerational equity and dynamic duality principles.
• Social Discounting and Intergenerational Pareto
• Equilibria in an overlapping generations model with transfer policies and exogenous growth
• Discounting and ideas of intergenerational equity and sustainability
• Limit representations of intergenerational equity
• Intergenerational equity, efficiency, and constructibility
• OPTIMAL DISCOUNTING IN CONTROL PROBLEMS THAT SPAN MULTIPLE GENERATIONS
• How stationarity contradicts intergenerational equity

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