Eli Fenichel

Yale University

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Measuring and Accounting for Environmental Public Goods: A National Accounts Perspective
March 5, 2025 - Book - Conference Volume
editors - Nicholas Z. Muller, Eli Fenichel & Mary Bohman
While the importance of natural resources and the contributions of the environment to welfare are apparent, traditional national income and wealth accounting practices do not measure or value environmental public goods. This volume examines the conceptual and empirical basis for integrating natural...
Introduction, "Measuring and Accounting for Environmental Public Goods: Building Expanded National Accounts"
April 3, 2024 - Chapter
Author(s) - Nicholas Z. Muller, Eli Fenichel & Mary Bohman
Even the Representative Agent Must Die: Using Demographics to Inform Long-Term Social Discount Rates
July 2017 - Working Paper23591
Author(s) - Eli P. Fenichel, Matthew J. Kotchen & Ethan T. Addicott
We develop a demographically-based approach for estimating the utility discount rate (UDR) portion of the Ramsey rule. We show how age-specific mortality rates and life expectancies imply a natural UDR for individuals at each age in a population, and these can be aggregated into a population-level...
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