| Publikationstyp: | Beitrag in wissenschaftlicher Zeitschrift |
| Art der Begutachtung: | Peer review (Publikation) |
| Titel: | Money illusion and the double dividend in the short run |
| Autor/-in: | Schleiniger, Reto |
| DOI: | 10.1111/j.1465-6485.2005.00129.x |
| Erschienen in: | German Economic Review |
| Band(Heft): | 6 |
| Heft: | 2 |
| Seite(n): | 249 |
| Seiten bis: | 254 |
| Erscheinungsdatum: | 2005 |
| Verlag / Hrsg. Institution: | Wiley |
| ISSN: | 1465-6485 1468-0475 |
| Sprache: | Englisch |
| Schlagwörter: | Dividend; Illusion; Money; Double |
| Fachgebiet (DDC): | 330: Wirtschaft |
| Zusammenfassung: | In their seminal paper, Bovenberg and de Mooij (1994) elucidate why an ecological tax reform will not yield a double dividend, i.e. fails to increase the efficiency of the tax system. The present paper slightly modifies the Bovenberg and de Mooij model by introducing money illusion. With this modification, an environmental tax reform that raises the price level may generate a double dividend, since the additional tax on the dirty good does not reduce labor supply. A prerequisite for the double dividend to occur is a sufficiently small elasticity of substitution between clean and dirty consumption. Moreover, accounting for money illusion always reduces the intertemporal gross cost of the tax reform. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/9656 |
| Volltext Version: | Publizierte Version |
| Lizenz (gemäss Verlagsvertrag): | Lizenz gemäss Verlagsvertrag |
| Departement: | School of Management and Law |
| Organisationseinheit: | Zentrum für Energie und Umwelt (CEE) |
| Enthalten in den Sammlungen: | Publikationen School of Management and Law |
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Zur Langanzeige
Schleiniger, R. (2005). Money illusion and the double dividend in the short run. German Economic Review, 6(2), 249–254. https://doi.org/10.1111/j.1465-6485.2005.00129.x
Schleiniger, R. (2005) ‘Money illusion and the double dividend in the short run’, German Economic Review, 6(2), pp. 249–254. Available at: https://doi.org/10.1111/j.1465-6485.2005.00129.x.
R. Schleiniger, “Money illusion and the double dividend in the short run,” German Economic Review, vol. 6, no. 2, pp. 249–254, 2005, doi: 10.1111/j.1465-6485.2005.00129.x.
SCHLEINIGER, Reto, 2005. Money illusion and the double dividend in the short run. German Economic Review. 2005. Bd. 6, Nr. 2, S. 249–254. DOI 10.1111/j.1465-6485.2005.00129.x
Schleiniger, Reto. 2005. “Money Illusion and the Double Dividend in the Short Run.” German Economic Review 6 (2): 249–54. https://doi.org/10.1111/j.1465-6485.2005.00129.x.
Schleiniger, Reto. “Money Illusion and the Double Dividend in the Short Run.” German Economic Review, vol. 6, no. 2, 2005, pp. 249–54, https://doi.org/10.1111/j.1465-6485.2005.00129.x.
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