Contribution to Book
The Irrelevance of the Double DividendProceedings of the National Tax Association, November 1998 (1999)
AbstractThis paper reviews five or more problems with the whole concept of the "Double Dividend Hypothesis." First, it is not well defined. Second, the usual theoretical models cannot answer this empirical question. Third, they also cannot say whether a double dividend is likely or unlikely. Fourth, the number of dividends does not matter (four dividends may add up to less welfare than one big dividend). Fifth, the simple analytical models cannot address the complexity of the issue.
PublisherNational Tax Association
Citation InformationDon Fullerton and Jane Gravelle. "The Irrelevance of the Double Dividend" Proceedings of the National Tax Association, November 1998 (1999)
Available at: http://works.bepress.com/don_fullerton/42/