The Social Discount Rate
DOI:
https://doi.org/10.3138/cjpe.07.007Abstract
Recently the discount rate recommended by Treasury Board Canada for use in program evaluations and project assessments has been challenged. This article reviews the theory and evidence supporting various estimates of the Canadian discount rate, and includes a comparison of rates used by the U.S. government and the World Bank. The article was written with the support of Training and Development Canada.
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Copyright (c) 1992 Kenneth Watson

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