MARC Record from Library of Congress

LEADER: 02205cam a22002897a 4500
001 2010655977
003 DLC
005 20100507090137.0
007 cr |||||||||||
008 100506s2010 mau sb 000 0 eng
010 $a 2010655977
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aFullerton, Don.
245 10 $aCan pollution tax rebates protect low-income families?$h[electronic resource]$bthe effects of relative wage rates /$cDon Fullerton, Holly Monti.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2010.
490 1 $aNBER working paper series ;$vworking paper 15935
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 5/6/2010.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"Pollution taxes are believed to burden low-income households that spend a greater than average share of income on pollution-intensive goods. Some propose to offset that effect by returning revenue to low-income workers via reduced labor tax. We build analytical general equilibrium models with both skilled and unskilled labor, and we solve for expressions that show the change in the real net wage of each group. A decomposition shows the effect of the tax rebate, the effect on the uses side of income (higher product prices), and the effect on the sources side of income (relative wage rates). We also include numerical examples. Even though the pollution tax injures both types of labor, we find that returning all of the revenue to the low-skilled workers is still not enough to offset the effect of higher product prices. Moreover, changing wage rates may further hurt low-skilled labor. In almost all of our examples, the rebate of all revenue to low-skilled labor still does not prevent a reduction in their overall real net wage"--National Bureau of Economic Research web site.
700 1 $aMonti, Holly.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 15935.
856 40 $uhttp://www.nber.org/papers/w15935