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		<id>https://www.scipedia.com/wd/index.php?action=history&amp;feed=atom&amp;title=Masoliver_2018a</id>
		<title>Masoliver 2018a - Revision history</title>
		<link rel="self" type="application/atom+xml" href="https://www.scipedia.com/wd/index.php?action=history&amp;feed=atom&amp;title=Masoliver_2018a"/>
		<link rel="alternate" type="text/html" href="https://www.scipedia.com/wd/index.php?title=Masoliver_2018a&amp;action=history"/>
		<updated>2026-04-26T07:06:41Z</updated>
		<subtitle>Revision history for this page on the wiki</subtitle>
		<generator>MediaWiki 1.27.0-wmf.10</generator>

	<entry>
		<id>https://www.scipedia.com/wd/index.php?title=Masoliver_2018a&amp;diff=90969&amp;oldid=prev</id>
		<title>Scipediacontent at 14:23, 17 July 2018</title>
		<link rel="alternate" type="text/html" href="https://www.scipedia.com/wd/index.php?title=Masoliver_2018a&amp;diff=90969&amp;oldid=prev"/>
				<updated>2018-07-17T14:23:02Z</updated>
		
		<summary type="html">&lt;p&gt;&lt;/p&gt;
&lt;table class=&quot;diff diff-contentalign-left&quot; data-mw=&quot;interface&quot;&gt;
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				&lt;td colspan='2' style=&quot;background-color: white; color:black; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan='2' style=&quot;background-color: white; color:black; text-align: center;&quot;&gt;Revision as of 14:23, 17 July 2018&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l5&quot; &gt;Line 5:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 5:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class='diff-marker'&gt;&amp;#160;&lt;/td&gt;&lt;td style=&quot;background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;/td&gt;&lt;td class='diff-marker'&gt;&amp;#160;&lt;/td&gt;&lt;td style=&quot;background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class='diff-marker'&gt;&amp;#160;&lt;/td&gt;&lt;td style=&quot;background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;== Full document ==&lt;/div&gt;&lt;/td&gt;&lt;td class='diff-marker'&gt;&amp;#160;&lt;/td&gt;&lt;td style=&quot;background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;== Full document ==&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class='diff-marker'&gt;−&lt;/td&gt;&lt;td style=&quot;color:black; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;pdf&amp;gt;Media:&lt;del class=&quot;diffchange diffchange-inline&quot;&gt;draft_Masoliver_124152350&lt;/del&gt;-document.pdf&amp;lt;/pdf&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;td class='diff-marker'&gt;+&lt;/td&gt;&lt;td style=&quot;color:black; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;lt;pdf&amp;gt;Media:&lt;ins class=&quot;diffchange diffchange-inline&quot;&gt;Masoliver_2018a-7072&lt;/ins&gt;-document.pdf&amp;lt;/pdf&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</summary>
		<author><name>Scipediacontent</name></author>	</entry>

	<entry>
		<id>https://www.scipedia.com/wd/index.php?title=Masoliver_2018a&amp;diff=81056&amp;oldid=prev</id>
		<title>Danielquer: Danielquer moved page Review Masoliver 2018a to Masoliver 2018a</title>
		<link rel="alternate" type="text/html" href="https://www.scipedia.com/wd/index.php?title=Masoliver_2018a&amp;diff=81056&amp;oldid=prev"/>
				<updated>2018-04-08T09:49:27Z</updated>
		
		<summary type="html">&lt;p&gt;Danielquer moved page &lt;a href=&quot;/public/Review_Masoliver_2018a&quot; class=&quot;mw-redirect&quot; title=&quot;Review Masoliver 2018a&quot;&gt;Review Masoliver 2018a&lt;/a&gt; to &lt;a href=&quot;/public/Masoliver_2018a&quot; title=&quot;Masoliver 2018a&quot;&gt;Masoliver 2018a&lt;/a&gt;&lt;/p&gt;
&lt;table class=&quot;diff diff-contentalign-left&quot; data-mw=&quot;interface&quot;&gt;
				&lt;tr style='vertical-align: top;' lang='en'&gt;
				&lt;td colspan='1' style=&quot;background-color: white; color:black; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan='1' style=&quot;background-color: white; color:black; text-align: center;&quot;&gt;Revision as of 09:49, 8 April 2018&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan='2' style='text-align: center;' lang='en'&gt;&lt;div class=&quot;mw-diff-empty&quot;&gt;(No difference)&lt;/div&gt;
&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</summary>
		<author><name>Danielquer</name></author>	</entry>

	<entry>
		<id>https://www.scipedia.com/wd/index.php?title=Masoliver_2018a&amp;diff=76200&amp;oldid=prev</id>
		<title>Jaume.masoliver: Jaume.masoliver moved page Draft Masoliver 124152350 to Review Masoliver 2018a</title>
		<link rel="alternate" type="text/html" href="https://www.scipedia.com/wd/index.php?title=Masoliver_2018a&amp;diff=76200&amp;oldid=prev"/>
				<updated>2018-03-02T14:55:04Z</updated>
		
		<summary type="html">&lt;p&gt;Jaume.masoliver moved page &lt;a href=&quot;/public/Draft_Masoliver_124152350&quot; class=&quot;mw-redirect&quot; title=&quot;Draft Masoliver 124152350&quot;&gt;Draft Masoliver 124152350&lt;/a&gt; to &lt;a href=&quot;/public/Review_Masoliver_2018a&quot; class=&quot;mw-redirect&quot; title=&quot;Review Masoliver 2018a&quot;&gt;Review Masoliver 2018a&lt;/a&gt;&lt;/p&gt;
&lt;table class=&quot;diff diff-contentalign-left&quot; data-mw=&quot;interface&quot;&gt;
				&lt;tr style='vertical-align: top;' lang='en'&gt;
				&lt;td colspan='1' style=&quot;background-color: white; color:black; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan='1' style=&quot;background-color: white; color:black; text-align: center;&quot;&gt;Revision as of 14:55, 2 March 2018&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;&lt;td colspan='2' style='text-align: center;' lang='en'&gt;&lt;div class=&quot;mw-diff-empty&quot;&gt;(No difference)&lt;/div&gt;
&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</summary>
		<author><name>Jaume.masoliver</name></author>	</entry>

	<entry>
		<id>https://www.scipedia.com/wd/index.php?title=Masoliver_2018a&amp;diff=76199&amp;oldid=prev</id>
		<title>Jaume.masoliver: Created page with &quot; == Abstract ==  We analyze how future costs must be balanced against present costs. This is traditionally done using an exponential function with a constant discount rate. Th...&quot;</title>
		<link rel="alternate" type="text/html" href="https://www.scipedia.com/wd/index.php?title=Masoliver_2018a&amp;diff=76199&amp;oldid=prev"/>
				<updated>2018-03-02T14:55:03Z</updated>
		
		<summary type="html">&lt;p&gt;Created page with &amp;quot; == Abstract ==  We analyze how future costs must be balanced against present costs. This is traditionally done using an exponential function with a constant discount rate. Th...&amp;quot;&lt;/p&gt;
&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;&lt;br /&gt;
== Abstract ==&lt;br /&gt;
&lt;br /&gt;
We analyze how future costs must be balanced against present costs. This is traditionally done using an exponential function with a constant discount rate. The choice of discount rate can dramatically effect the question on what is the value of the future. This is specially critical for environmental problems such as global warming, and it has generated a controversy as to the urgency for immediate action (Stern, 2006; Nordhaus, 2007a,b). We briefly review the issue for the nonspecialist and take into account the randomness of the economic evolution by studying the discount function of three widely used processes for the dynamics of interest rates: OrnsteinUhlenbeck, Feller and log-normal. We also outline our previous empirical survey on 14 countries over time spans ranging up to more than 300 years We estimate the parameters of one of the models studied (the Ornstein-Uhlenbeck process) and obtain the long-run discount rate for all these countries. The long-run discount obtained for stable countries (countries that have not suffered periods of destabilizing inflation) supports the low discounting rate proposed by Stern (2006) over higher rates that have been advocated by others (Nordhaus, 2007a,b).&lt;br /&gt;
&lt;br /&gt;
== Full document ==&lt;br /&gt;
&amp;lt;pdf&amp;gt;Media:draft_Masoliver_124152350-document.pdf&amp;lt;/pdf&amp;gt;&lt;/div&gt;</summary>
		<author><name>Jaume.masoliver</name></author>	</entry>

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