The Social Discount Rate

Authors

  • Kenneth Watson Rideau Research Associates Ltd. Ottawa, Ontario

DOI:

https://doi.org/10.3138/cjpe.07.007

Abstract

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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Published

1992-03-01

How to Cite

Watson, K. (1992). The Social Discount Rate. Canadian Journal of Program Evaluation, 7(1), 99–118. https://doi.org/10.3138/cjpe.07.007

Issue

Section

Articles