WorldCat Identities

Fullerton, Don

Works: 170 works in 1,021 publications in 1 language and 9,411 library holdings
Genres: Conference papers and proceedings  History 
Roles: Author, Editor, Adapter, Other
Publication Timeline
Most widely held works by Don Fullerton
The Taxation of income from capital : a comparative study of the United States, the United Kingdom, Sweden, and West Germany by Mervyn A King( Book )

36 editions published between 1982 and 2010 in English and held by 1,285 WorldCat member libraries worldwide

Taxation-both corporate and personal-has been held responsible for the low investment and productivity growth rates experienced in the West during the last decade. This book, a comparative study of the taxation of income from capital in the United States, the United Kingdom, Sweden, and West Germany, establishes for the first time a common framework for analysis that permits accurate comparison of tax systems
Who bears the lifetime tax burden? by Don Fullerton( Book )

10 editions published in 1993 in English and held by 804 WorldCat member libraries worldwide

The design and implementation of US climate policy by Don Fullerton( Book )

18 editions published between 2011 and 2012 in English and held by 311 WorldCat member libraries worldwide

While economic models have already proven useful to analyze big picture questions about climate policy such as the choice between a carbon tax or cap-and-trade permit system, the 19 chapters in this book show how economic models also are useful to address the many remaining smaller questions that arise as policy is implemented. For example, chapters consider: the tradeoffs policymakers confront in deciding whether to implement the policy upstream on energy producers or downstream on energy users; how to monitor and enforce climate policy; how Federal actions might interact with climate policies at other levels of government or with other non-climate policies; the distributional effects of different policy variations; policies that might impact particular sectors, including residential energy use, agriculture and transportation; and specific questions regarding offsets, trade, innovation, and adaptation
The distribution of tax burdens by Gilbert E Metcalf( Book )

25 editions published between 2002 and 2003 in English and held by 244 WorldCat member libraries worldwide

This volume brings together important published papers on tax incidence written since 1950. The editors have written an introduction which provides a concise summary of the key developments in the field during this time. The volume presents writings covering the distributional impact of taxes in partial and general equilibrium models, as well as in imperfectly competitive settings. The editors have also included significant recent contributions on tax incidence in dynamic settings including the important emerging literature on lifetime tax incidence. The articles have been arranged to allow the reader to understand the context and historical development of the field. The volume should be useful to graduate students and scholars interested in the distribution of taxes in modern economics
Income redistribution from social security by Don Fullerton( Book )

5 editions published in 2005 in English and held by 229 WorldCat member libraries worldwide

"This monograph analyzes the factors that affect the amount of income redistribution. Even though the benefit formula is progressive, for example, those with higher incomes tend to have greater life expectancy and thus receive benefits for more years - which tends to decrease the progressivity of Social Security. Other factors discussed include spousal benefits, nonmonetary income, sharing in the household, and the discount rate. By analyzing how existing studies control for these factors, this monograph exposes deficiencies in the current literature and identifies areas for future research."
The economics of household garbage and recycling behavior by Don Fullerton( Book )

12 editions published in 2002 in English and held by 223 WorldCat member libraries worldwide

"The market for residential solid waste management and disposal has experienced dramatic changes over the past 20 years. This collection of outstanding published research examines these changes and thoroughly analyzes the strategies popularized by municipal governments over the past two decades." "Curbside recycling, unheard of in the 1970s, in currently available to 46% of Americans. Thousands of towns across the nation have also implemented user fees requiring households to pay a fee for every bag of garbage they generate. These policy shifts have attracted the attention of environmental economists interested in knowing the best strategy for managing solid waste. The editors, both long-time scholars of these trends, offer theoretical solutions for the optimal pricing of garbage of recycling collection. They provide original data collection and suggest appropriate econometric techniques that correct for statistical biases. A policy focus provides information relevant to municipal governments as well as researchers." "This volume will be useful for policymakers, students and scholars in environmental economics."--Jacket
Distributional effects of environmental and energy policy by Don Fullerton( )

18 editions published between 2008 and 2017 in English and held by 151 WorldCat member libraries worldwide

This chapter reviews literature on the distributional effects of environmental and energy policy. In particular, many effects of such policy are likely regressive. First, it raises the price of fossil-fuel-intensive products, expenditures on which are a high fraction of low-income budgets. Second, if abatement technologies are capital-intensive, then any mandate to abate pollution may induce firms to use more capital. If demand for capital is raised relative to labor, then a lower relative wage may also hurt low-income households. Third, pollution permits handed out to firms bestow scarcity rents on well-off individuals who own those firms. Fourth, low-income individuals may place more value on food and shelter than on incremental improvements in environmental quality. If high-income individuals get the most benefit of pollution abatement, then this effect is regressive as well. Fifth, low-income renters miss out on house price capitalization of air quality benefits. Well-off landlords may reap those gains. Sixth, transition effects could well hurt the unemployed who are already at some disadvantage. These six effects might all hurt the poor more than the rich. This paper discusses whether these fears are valid, and whether anything can be done about them
The economics of pollution havens( Book )

6 editions published in 2006 in English and held by 140 WorldCat member libraries worldwide

Analyzes how country characteristics determine environmental rules, how those rules affect production costs, trade, and investment flows, how those flows affect pollution, prices, and incomes, and finally how all of these last considerations feed back into environmental rules
Distributional impacts of proposed changes to the Social Security system by Julia Lynn Coronado( Book )

13 editions published in 1999 in English and held by 123 WorldCat member libraries worldwide

Abstract: In this paper we assess the degree to which the current social security system redistributes income from rich to poor. We then estimate the impact of various proposed changes to social security on the overall redistributive effect of the system. Our analysis takes a steady state approach in which we assume participants work their entire lives and retire under a given system. Redistribution is measured on a lifetime basis using estimated earnings profiles for a sample of people taken from the PSID. We account for differential mortality, not only by gender and race, but also be lifetime income. Our results indicate that the current social security system redistributes less than is generally perceived, mainly because people with higher lifetime income live longer and therefore draw benefits longer. Remaining progressivity is reduced and even reversed by an increase in the assumed discount rate, since regressive taxes become more important relative to later progressive benefits. We find that many of the proposed changes to social security have surprising little effect on the redistribution inherent in the system
Second-best pollution taxes by Don Fullerton( Book )

13 editions published in 1996 in English and held by 116 WorldCat member libraries worldwide

When government needs more revenue than is available from a pollution tax rate equal to marginal environmental damage, our intuition tells us to raise the tax on the clean good above zero and to raise the tax on the dirty good above that first-best Pigouvian rate. Yet new results suggest that the second-best pollution tax is below the Pigouvian rate. This note reconciles these views by pointing out that these new results use a labor tax to acquire additional revenue, and that the labor tax is equivalent to a uniform tax on both clean and dirty goods. Thus, depending on the normalization, the total tax on the dirty good can be above the Pigouvian rate. These recent results are meant to show that the difference between the tax on the dirty good and the tax on the clean good is less than the Pigouvian rate. Any one tax rate can be set to zero as a conceptual matter, but implementation of some taxes might be easier than others as a practical matter
Neglected effects on the uses side : even a uniform tax would change relative goods prices by Don Fullerton( Book )

14 editions published in 1997 in English and held by 116 WorldCat member libraries worldwide

Fundamental tax reform may change relative prices of consumption goods and may therefore have important effects on the uses side that are ignored by most general equilibrium simulation models. For a uniform rate of tax, in our model, results on the uses side are driven by the nonuniform tax system being replaced. Similar effects occur under any uniform and comprehensive tax reform, whether the current system is replaced by a consumption tax, a wage tax, or a pure income tax. Any such reform that eliminates the current preferential treatment of housing would impose an additional one-time levy on the elderly, and any reform that eliminates the current double taxation of corporate capital would reduce the relative prices of corporate-capital-intensive goods bought by the poor
Policies for green design by Don Fullerton( Book )

12 editions published in 1996 in English and held by 114 WorldCat member libraries worldwide

We analyze alternative policies such as a disposal content fee, a subsidy for recyclable designs, unit pricing of household disposal, a deposit-refund system, and a manufacturer take-back' requirement. In order to identify the problem being addressed, we build a simple general equilibrium model in which household utility depends on a negative externality from total waste generation, and in which firms use primary and recycled inputs to produce output that has two àttributes': packaging per unit output, and recyclability. If households pay the social cost of disposal, then they send the right signals to producers to reduce packaging and to design products that can more easily be recycled. But if local governments are constrained to collect household garbage for free, then households do not send the right signals to producers. The socially optimal attributes can still be achieved by a tax on producers' use of packaging and subsidy to producers' use of recyclable designs
Sulfur dioxide compliance of a regulated utility by Don Fullerton( Book )

13 editions published in 1996 in English and held by 114 WorldCat member libraries worldwide

Electric utilities can reduce sulfur dioxide emissions through a variety of strategies such as adding scrubbers, switching to low- sulfur coal, or shifting output between generating plants with different emissions. The cost of achieving a given emission target can be minimized using a market for emission allowances, as under the Clean Air Act Amendments of 1990, if firms with high abatement costs buy allowances while those with low abatement costs reduce emissions and sell allowances. However, public utility commissions regulate which costs can be passed to customers. Previous theoretical work has analyzed effects of regulations on a utility's choice between permits and a single continuous àbatement technology.' Here, we consider three abatement technologies and the discrete choices among them. Our numerical model uses market and engineering information on permit prices, scrubber cost and sulfur removal efficiency, alternative fuel costs and sulfur content, plus generating plant costs and efficiency. Using illustrative sets of parameters, we find that regulatory rules could more than double the cost of sulfur dioxide compliance
Why have separate environmental taxes? by Don Fullerton( Book )

13 editions published between 1995 and 1996 in English and held by 112 WorldCat member libraries worldwide

Each environmental tax in the U.S. is designed to collect revenue for a trust fund used to clean up a particular pollution problem. Each might be intended to collect from a particular industry thought to be responsible for that pollution problem, but none represents a good example of an incentive-based tax designed to discourage the polluting activity itself. A different tax for each trust fund means that each tax rate is typically less than one percent. But each separate tax has an extra cost of administration and compliance, since taxpayers must read another set of rules and fill out another set of forms. This paper provides evidence on compliance costs that are high relative to the small revenue from each separate tax. In addition, an input-output model is used to show how current U.S. environmental tax burdens are passed from taxed industries to all other industries. Thus the extra cost incurred to administer each separate tax achieves neither targeted incentives not targeted burdens
The progressivity of social security by Julia Lynn Coronado( Book )

15 editions published between 1999 and 2000 in English and held by 112 WorldCat member libraries worldwide

How much does the current social security system really redistribute from rich to poor? We use the PSID to estimate lifetime wage profiles and actual earnings each year for a sample of 1778 individuals, and we use mortality probabilities to calculate expected payroll taxes and social security benefits. For a given set of facts' about the net flows received by each individual, measured progressivity depends on many assumptions. This paper attempts to capture and to quantify all of the individual characteristics that are relevant to determine the progressivity of a life-cycle program like social security. We proceed in seven steps. First, we classify individuals by annual income and use Gini coefficients to find that social security is highly progressive. Second, we reclassify individuals on the basis of lifetime income and find that social security is less progressive. Third, we remove the cap on measured earnings and find that social security is even less progressive. Fourth, we switch from actual to potential lifetime earnings (the present value of the wage rate times 4000 hours each year). This measure captures the value of leisure and home production, so those out of the labor force are less poor, and net payments to them are less progressive. Fifth, we assign to each married individual half of the couple's income. The low-wage spouse is then not so poor less progressive. Sixth, we incorporate mortality probabilities that differ by potential lifetime income. Since the rich live longer and collect benefits longer, social security is no longer progressive. Finally, we increase the discount rate from 2% to 4%, which puts relatively more weight on the earlier-but-regressive payroll tax and less weight on the later-but-progressive benefit schedule. The whole social security system is then regressive
Environmental taxes and the double-dividend hypothesis : did you really expect something for nothing? by Don Fullerton( Book )

14 editions published in 1997 in English and held by 111 WorldCat member libraries worldwide

The double-dividend hypothesis' suggests that increased taxes on polluting activities can provide two kinds of benefits. The first is an improvement in the environment, and the second is an improvement in economic efficiency from the use of environmental tax revenues to reduce other taxes such as income taxes that distort labor supply and saving decisions. In this paper, we make four main points. First, the validity of the double-dividend hypothesis cannot logically be settled as a general matter. Second, the focus on revenue in this literature is misplaced. We demonstrate that three policies have equivalent impacts on the environment and on labor supply. One of those policies raises revenue from the environmental component of the reform, another loses revenue, and a third has no revenue associated with it. Third, what matters is the creation of privately-held scarcity rents. Policies that raise product prices through some restriction on behavior may create scarcity rents. Unless those rents are captured by the government, such policies are less efficient at ameliorating an environmental problem than are policies that do not create rents. Finally, we distinguish between two types of command and control regulations on the basis of whether they create scarcity rents
Distributional effects on a lifetime basis by Don Fullerton( Book )

13 editions published in 1994 in English and held by 111 WorldCat member libraries worldwide

Abstract: All government agencies charged with the responsibility of estimating distributional effects use annual income to classify households and one year's tax to characterize tax burdens. In this paper, we describe an alternative procedure to estimate lifetime tax burdens as proportions of lifetime income. To illustrate this model, we calculate lifetime effects of a uniform consumption tax and a wage tax. This kind of analysis can supplement existing annual analyses, since policymakers might want to insure both that current taxes reflect current ability to pay and that lifetime taxes reflect lifetime ability to pay
Can taxes on cars and on gasoline mimic an unavailable tax on emissions? by Don Fullerton( Book )

12 editions published in 1999 in English and held by 111 WorldCat member libraries worldwide

A tax on vehicle emissions can efficiently induce all of the cheapest forms of abatement. Consumers could drive less, buy a smaller car with better gas mileage, use cleaner gasoline, and repair pollution control equipment (PCE). However, the technology is not yet available to measure and tax each car's total emissions. We thus investigate alternative instruments. In a simple model with identical consumers, we show conditions under which the same efficiency can be attained by the combination of a tax on gas, a tax on engine size, and a subsidy to PCE. In a model with heterogeneous consumers, the same efficiency can again be obtained, but only if each person's gasoline tax rate can be made to depend on the characteristics of the car. We solve for these first-best tax rates. Assuming that tax rates must be uniform across consumers, we then characterize second-best tax rates on gasoline and on characteristics
Distributional aspects of energy and climate policies by Mark A Cohen( )

9 editions published in 2013 in English and held by 111 WorldCat member libraries worldwide

Governments around the globe have begun to implement various actions to limit carbon emissions and so, combat climate change. This book brings together some of the leading scholars in environmental and climate economics to examine the distributional consequences of policies that are designed to reduce these carbon emissions. Whether through a carbon tax, cap-and-trade system or other mechanisms, most proposals to reduce carbon emissions include some kind of carbon pricing system shifting the costs of emissions onto polluters and providing an incentive to find the least costly methods of abatement. This standard efficiency justification for pricing carbon also has important distributional consequences a problem that is often ignored by economists while being a major focus of attention in the political arena. Leading scholars in environmental and climate economics take up these issues to examine such questions as: Will the costs fall on current or future generations? Will they fall on the rich, poor, middle class, or on everyone proportionally? Which countries will benefit, and which will suffer? Students and scholars interested in climate change, along with policy makers, will find this lively volume an invaluable addition to the quest for information on this globally important issue
The case for a two-part instrument : presumptive tax and environmental subsidy by Don Fullerton( Book )

12 editions published in 1997 in English and held by 111 WorldCat member libraries worldwide

This paper builds two simple general equilibrium models to demonstrate the equivalence between the Pigovian tax and the combination of a presumptive tax and an environmental subsidy. A presumptive tax is a tax that is imposed under the presumption that all production uses a dirty technology or all consumption goods become waste. The environmental subsidy is then provided only to the extent that production uses a cleaner technology or that consumption goods are recycled. To analyze the usefulness of the tax-subsidy combination, we review conceptual considerations regarding its implementation and practical considerations regarding its actual use throughout the world. While the tax-subsidy combination is increasingly being used, in the form of a deposit-refund system, we argue that more flexible interpretations are important to explore. The two parts of such a policy do not have to apply to the same side of the market. The tax and subsidy do not have to equal one another, and they can apply to different goods altogether. Compared to the Pigovian tax, a two-part instrument may be easier to enforce, may be easier to enact, and can still force the market to recognize the social cost of disposal
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The Taxation of income from capital : a comparative study of the United States, the United Kingdom, Sweden, and West Germany
Alternative Names
Don Fullerton economist (National Bureau of Economic Research (NBER); University of Illinois at Urbana-Champaign)

Don Fullerton Wirtschaftswissenschaftler (Tätig am Department of Finance, University of Illinois, Urbana-Champaign, Ill., USA)

Fullerton, D. 1953-

Fullerton, Donald 1953-

Fullerton, Donald H. 1953-

Fullerton, Donald Hartwell

Fullerton, Donald Hartwell 1953-

English (283)

Who bears the lifetime tax burden?The distribution of tax burdensIncome redistribution from social securityThe economics of household garbage and recycling behaviorDistributional effects of environmental and energy policyThe economics of pollution havens