The Social Discount Rate

Kenneth Watson

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Canadian Journal of ...arrow_drop_down

Canadian Journal of Program Evaluation

Article . 1992 . Peer-reviewed

Data sources: Crossref

The Social Discount Rate

descriptionPublicationkeyboard_double_arrow_right Article 01 Mar 1992 English Publisher:University of Victoria LibrariesJournal:Canadian Journal of Program Evaluation, volume 7, pages 99-118 (issn: 0834-1516, eissn: 1496-7308,

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Authors: Kenneth Watson;

doi: 10.3138/cjpe.07.007

The Social Discount Rate

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Abstract

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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