Taxing Capital? Not a Bad Idea After All!
---- Acknowledgements ----
We thank seminar participants at SED, the MEA conference on OLG models, the NBER Summer Institute consumption group, UAB, UPF, Workshop in DGEM - Santiago, and BEMAD - Granada for many useful suggestions. Conesa acknowledges financing from Spanish Ministry of Education and FEDER through SEJ2006-03879, Generalitat de Catalunya through 2005SGR00447 and Barcelona Economics - CREA. The authors can be reached at firstname.lastname@example.org, email@example.com and firstname.lastname@example.org. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.