Very Long-Run Discount Rates
收藏NBER2014-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w20133
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资源简介:
We provide direct estimates of how agents trade off immediate costs and uncertain future benefits that occur in the very long run, 100 or more years away. We exploit a unique feature of housing markets in the U.K. and Singapore, where residential property ownership takes the form of either
提供机构:
美国国家经济研究局
创建时间:
2014-05-01



