Publication Date
1-1-2010
Document Type
Dissertation/Thesis
First Advisor
West, Tim
Degree Name
B.S. (Bachelor of Science)
Legacy Department
Department of Accountancy
Abstract
The Consumer Assistance to Recycle and Save (CARS) program, more commonly referred to as "Cash-for-Clunkers", was created to stimulate the economy and to have more fuel-efficient cars on our nation's roadways. In the summer of 2009, in what may turn out to be the worst period of the housing/credit crisis related recession; the Federal Government appropriated a total of $2.88 billion in vendor rebates for the purchase of new fuel-efficient automobiles with the trade-in to be destroyed. The goal of my research is to examine how the Cash-for-Clunkers program impacts different groups of people, from the family buying a new car to the U.S. and Foreign automobile manufacturers. I also examine the first-level of indirect groups, such as used car buyers and the U.S. taxpayer. Finally, I describe whether or not the goals of the Cash-for- Clunkers program were met.
Recommended Citation
Gorup, Andrew J., "The Economic Impact of Cash-for-Clunkers" (2010). Honors Capstones. 1137.
https://huskiecommons.lib.niu.edu/studentengagement-honorscapstones/1137
Extent
23 pages
Language
eng
Publisher
Northern Illinois University
Rights Statement
In Copyright
Rights Statement 2
NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.
Media Type
Text
