most citedDiscounting the distant future: What do historical bond prices imply about the long term discount rate?

6 citations · 6 across the 1 of their papers we have counts for

collaborators

1 paper

q-fin.MF2023★ 6 cited

Discounting the distant future: What do historical bond prices imply about the long term discount rate?

J. Doyne Farmer, John Geanakoplos, Matteo G. Richiardi +3

We present a thorough empirical study on real interest rates by also including risk aversion through the introduction of the market price of risk. With the view of complex systems…