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Bibliographic Data
Control Number310565
Date and Time of Latest Transaction20150706093122.AM
General Information150706s |||||||||b ||00|||
Cataloging SourceSTII-DOST
Local Call NumberScienceDirect
Main Entry - Personal NameFodha, Mouez
 Chiroleu-Assouline, Mireille
Title StatementDouble dividend hypothesis, golden rule and welfare distribution by Mireille Chiroleu-Assouline and Mouez Fodha
Physical Descriptionpages 323-335 computer file; text; 201kb
Summary, Etc.This paper analyzes the double dividend issues within the framework of overlapping generations models. We characterize the necessary conditions for obtaining a double dividend, i.e. an improvement of environmental and nonenvironmental welfare when the revenue from the pollution tax is recycled into a change in the labor tax rate. We show that, depending on the initial capital stock and on the intertemporal elasticity of substitution, conditions may be defined to simultaneously allow (i) the obtaining of a long-term double dividend, (ii) the economy to move closer to the modified golden rule and (iii) in the short term, an improvement in the welfare of the two present generations
Subject Added Entry - Topical TermSocial sciences
 Environmental tax
 Rule, Golden
 Overlapping generations model
LocationDOST STII ScienceDirect NONPRINTS NP 14-15176 1 14-15176 Online/Download 2010-11-24
  
     
 
Physical Location
Department of Science and Technology
Science and Technology Information InstituteScienceDirect
  
     
 
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