Time Goes By: Recent Developments on the Theory and Practice of the Discount Rate
Peer Reviewed
Date issued
September 2015
Subject
Project Evaluation;
Development Effectiveness;
Social Policy and Protection
JEL code
H43 - Project Evaluation • Social Discount Rate;
D61 - Allocative Efficiency • Cost—Benefit Analysis;
D60 - Welfare Economics: General
Category
Technical Notes
The objective of this document is to conduct a critical review of the literature and international experiences on social discount rates from the central point of view of its usefulness for policy evaluation.
