Podcast: Discounting to Achieve Policy Preferences

Tue, 15 August, 2023 2:00pm - 3:00pm

GW Reg Studies Podcast title card

When estimating the impacts that a proposed regulation may have over time, an important step is to apply a “discount rate” to translate future impacts to present value terms. This analysis can help determine whether the regulation costs are worth the benefits. Susan Dudley explains why using a single standard discount rate—as proposed in OMB’s Draft Circular A-4—may result in greater uncertainty than using a range of rates for regulatory impact analysis. Read Susan's essay for more details.

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