Directors at two-thirds of the Federal Reserve's regional banks voted to leave the interest rate charged to commercial banks ...
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, ...
U.S. corporate pension plans' funding ratios now exceed 100% thanks to rising discount rates bringing down pension liabilities, according to three new reports. Milliman, in its latest report of the ...
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 ...