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How Should Benefits and Costs Be Discounted in an Intergenerational Context?
earnings probability
2015/9/18
Should governments, in discounting the future benefits and costs of public projects, use a
discount rate that declines over time? The argument for a declining discount rate is a simple one: if the
d...
Determining Benefits and Costs for Future Generations
Future Generations return on investment
2015/9/18
The investment approach
says that, as long as the rate
of return to investment is
positive, we need to invest less than a dollar today to obtain a dollar of benefi ts in the
future. Under the inve...
Feeling Good about Giving: The Benefits (and Costs) of Self-Interested Charitable Behavior
Giving and Philanthropy Research Behavior Happiness Motivation and Incentives
2015/4/22
While lay intuitions and pop psychology suggest that helping others leads to higher levels of happiness, the existing evidence only weakly supports this causal claim: Research in psychology, economics...
Benefits and Costs of the Informal Sector: The Case of Brick Kilns in Bangladesh
Cost-Benefit Analysis Air Pollution
2013/3/11
In developing countries, the informal sector—brick kilns, leather tanning, food processing factories—is often highly polluting, causing countless deaths and illnesses. This paper presents the case of ...
A Framework for Assessing the Economic Benefits and Costs of Workplace Literacy Training
the Economic Benefits Workplace Literacy Training
2009/11/5
The purpose of this paper is to present these arguments theoretically to identify the key factors that influence the employer's and society's choices; to discuss some empirical evidence from earlier s...
Bank runs have a bad reputation. Ashout of “run” strikes the same
fear into most of us as a shout of “fire” in a crowded room. We
immediately get up and progressively walk, jog, and finally run in
...
BENEFITS AND COSTS OF ENTERING THE EUROZONE
single-currency undertaking monetary policy European Monetary Union
2008/11/7
Europe’s single-currency undertaking is perhaps the boldest attempt
ever in which a large and diverse group of sovereign states has
attempted to reap the efficiency gains of using a common currency....