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dc.contributor.authorSchleiniger, Reto-
dc.date.accessioned2018-08-24T14:19:54Z-
dc.date.available2018-08-24T14:19:54Z-
dc.date.issued2005-
dc.identifier.issn1465-6485de_CH
dc.identifier.issn1468-0475de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/9656-
dc.description.abstractIn 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.de_CH
dc.language.isoende_CH
dc.publisherWileyde_CH
dc.relation.ispartofGerman Economic Reviewde_CH
dc.rightsLicence according to publishing contractde_CH
dc.subjectDividendde_CH
dc.subjectIllusionde_CH
dc.subjectMoneyde_CH
dc.subjectDoublede_CH
dc.subject.ddc330: Wirtschaftde_CH
dc.titleMoney illusion and the double dividend in the short runde_CH
dc.typeBeitrag in wissenschaftlicher Zeitschriftde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitZentrum für Energie und Umwelt (CEE)de_CH
dc.identifier.doi10.1111/j.1465-6485.2005.00129.xde_CH
zhaw.funding.euNode_CH
zhaw.issue2de_CH
zhaw.originated.zhawYesde_CH
zhaw.pages.end254de_CH
zhaw.pages.start249de_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.volume6de_CH
zhaw.publication.reviewPeer review (Publikation)de_CH
Appears in Collections:Publikationen School of Management and Law

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