A high discount rate causes loans to be more expensive and encourages people to save more money. This could be considered ...
Directors at two-thirds of the Federal Reserve's regional banks voted to leave the interest rate charged to commercial banks ...
We show that firms' nominal required returns to capital (i.e., their discount rates) are sticky with respect to expected inflation. Such nominally sticky discount rates imply that increases in ...
In regulatory cost benefit analysis the discount rate translates future value to present terms. Regulatory costs, such as investments in pollution control equipment or redesigning nutrition labels, ...