Arbeitspapier
A 3.8% discount rate?
We find that a discount rate of 3.8% allows us to derive the schedule of value of life years in Murphy and Topel [2006] from their schedule of value of remaining years of life, this latter presumably being based on a value of statistical life of $6.3 million. We draw on the Makeham function for life expectancy in our calculation.
- Language
-
Englisch
- Bibliographic citation
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Series: Queen's Economics Department Working Paper ; No. 1199
- Classification
-
Wirtschaft
Health: General
Value of Life; Forgone Income
- Subject
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value of life
discount rate
life expectancy
Sterblichkeit
Altersgruppe
Bewertung
Abzinsung
- Event
-
Geistige Schöpfung
- (who)
-
Hartwick, John
- Event
-
Veröffentlichung
- (who)
-
Queen's University, Department of Economics
- (where)
-
Kingston (Ontario)
- (when)
-
2009
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hartwick, John
- Queen's University, Department of Economics
Time of origin
- 2009
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