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Displaying results 1 to 9 of 9.

  1. Considerations in the choice of the appropriate discount rate for evaluating sovereign debt restructuring
    Published: 2005
    Publisher:  IMF, [Washington, DC]

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 685 (2005.9)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: IMF policy discussion paper ; 05/9
    Subjects: Öffentliche Schulden; Internationaler Kredit; Umschuldung; Discount rate
    Scope: 27 S., graph. Darst.
    Notes:

    Literaturverz. S. 26 - 27

  2. Corporate discount rates
    Published: 16 June 2023
    Publisher:  Centre for Economic Policy Research, London

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    LZ 161
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    Universitätsbibliothek Mannheim
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP18221
    Subjects: Diskontierung; Kapitalkosten; Kapitaleinkommen; Betriebliche Investitionstheorie; Corporate investment; Discount rate; Cost of capital; required return to capital; marketpower; Risk
    Scope: 1 Online-Ressource (circa 85 Seiten), Illustrationen
  3. Temporal discounting in later life
    Published: [2023]
    Publisher:  Netspar, Network for Studies on Pensions, Aging and Retirement, [Tilburg]

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    ZSS 32
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; 2023, 053 (11)
    Subjects: Time preferences; Discount rate; Present bias; Survey methodology; Old age
    Scope: 1 Online-Ressource (circa 16 Seiten)
  4. Does risk aversion affect individuals' actions and interests in angel investing?
    empirical evidence from Japan
    Published: [2022]
    Publisher:  RIETI, [Tokyo, Japan]

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: RIETI discussion paper series ; 22-E, 040 (April 2022)
    Subjects: Action; Angel investing; Discount rate; Entrepreneurial experience; Generalized ordered probit model; Interest; Risk aversion
    Scope: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  5. Discounting trillions of dollars in pension obligations
    a better alternative to using the expected return or risk-free rate
    Published: December 29, 2021
    Publisher:  Department of Economics, University of Arizona, Tucson, AZ

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Economics working papers / Eller College of Management ; 21, 09
    Subjects: Discount rate; Pension fund obligations; valuation future obligations
    Scope: 1 Online-Ressource (circa 7 Seiten)
  6. Should we discount the welfare of future generations?
    Ramsey and Suppes versus Koopmans and Arrow
    Published: August 2018
    Publisher:  Centre for Research in Economic Theory and its Applications, Coventry, United Kingdom

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 701
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper series / Centre for Research in Economic Theory and its Applications ; no: 43
    Subjects: Discount rate; utilitarianism; consequentialization; Vickrey-Har-sanyi original position; Suppes criterion; optimal population; average versustotal utility; intergenerational equity; long-run discounting; sustainable preferences; extinction discounting rule
    Scope: 1 Online-Ressource (circa 70 Seiten)
  7. Discounting trillions of dollars in pension obligations
    a better alternative to using the expected return or risk-free rate
    Published: [2022]
    Publisher:  Cemmap, Centre for Microdata Methods and Practice, The Institute for Fiscal Studies, Department of Economics, UCL, [London]

    This paper proposes a new discount rate that pension funds can use to discount their future obligations. If the payouts of a pension fund depend on the return of the fund's assets, then neither the risk-free rate nor the expected return is an... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 243
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    This paper proposes a new discount rate that pension funds can use to discount their future obligations. If the payouts of a pension fund depend on the return of the fund's assets, then neither the risk-free rate nor the expected return is an equitable way to discount future liabilities. Using the newly proposed rate, the expected utilities of a particular stream of payments are the same in each period. This proposed rate is higher than the discount rate that is used by some pension funds but lower than the rate that the U.S. States are required to use.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/272833
    Series: Cemmap working paper ; CWP22, 21
    Subjects: Discount rate; Pension fund obligations; valuation future obligations
    Scope: 1 Online-Ressource (circa 8 Seiten)
  8. ESG news, future cash flows, and firm value
    Published: 2021
    Publisher:  Swiss Finance Institute, Geneva

    We investigate how sell-side analysts adjust their earnings forecasts following ESG incidents. We find that following negative ESG news, analysts significantly downgrade their earnings forecasts at all horizons, including long-term. Forecast... more

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 544
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    We investigate how sell-side analysts adjust their earnings forecasts following ESG incidents. We find that following negative ESG news, analysts significantly downgrade their earnings forecasts at all horizons, including long-term. Forecast revisions account for all the negative impact of ESG incidents on firm values, implying no change in the discount rate. The negative revision of earnings forecasts reflects lower expectations on future sales (rather than higher future costs). In Europe, analysts who exhibit a stronger sensitivity to ESG news provide significantly more precise forecasts than their peers

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    Series: Research paper series / Swiss Finance Institute ; no 21, 84
    Subjects: ESG; Sustainability; Expectations; Analyst forecasts; Valuation; Discount rate; Cost of capital; Cash flows
    Scope: 1 Online-Ressource (circa 74 Seiten), Illustrationen
  9. LBO valuation using flows to equity
    Published: [2023]
    Publisher:  Swiss Finance Institute, Geneva

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Keine Rechte
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    Series: Swiss Finance Institute research paper series ; no 23, 74
    Subjects: LBO modelling; Equity free cash flow; Hybrid flows; Discount rate; Leverage
    Scope: 1 Online-Ressource (circa 11 Seiten)