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Social time preference: a rejoinder

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Abstract

This note argues that positive discounting is necessary for intergenerational equity, and that the choice of the discount rate should be based on the principle that individuals of different generations should be treated in a symmetrical fashion.

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Authors and Affiliations

  1. Dipartimento di Economia e Istituzioni, Università di Roma “Tor Vergata”, via Columbia 2, 00133, Rome, Italy

    Giancarlo Marini & Pasquale Scaramozzino

  2. Department of Financial and Management Studies, SOAS, University of London, Thornhaugh Street, London, WC1H 0XG, UK

    Pasquale Scaramozzino

Authors
  1. Giancarlo Marini
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  2. Pasquale Scaramozzino
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Correspondence to Pasquale Scaramozzino.

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Responsible editor: Alessandro Cigno

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Marini, G., Scaramozzino, P. Social time preference: a rejoinder. J Popul Econ 21, 623–625 (2008). https://doi.org/10.1007/s00148-006-0089-4

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  • DOI: https://doi.org/10.1007/s00148-006-0089-4

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