"Discount rate" has two distinct definitions. It can refer to the interest rate that the Federal Reserve charges banks for ...

Learn how the federal discount rate and the federal funds rate differ and their impact on bank lending, liquidity, and ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. In the complex world of regulatory cost-benefit analysis, ...

Accurate valuations are paramount in financial analysis, influencing corporate strategies, as well as investment decisions and market perceptions. Among various valuation methods, the discounted cash ...

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 ...