Dividend Taxation and Intertemporal Tax Arbitrage
---- Acknowledgements -----
The authors would like to express their thanks for helpful comments to Raj Chetty, Allan Drazen, Jianjun Miao, Jim Mirrlees, Jim Poterba, Joel Slemrod and Michael Woodford as well as to two anonymous referees and to participants at a conference at Cambridge University in honor of Mirrlees' 70th birthday, an NBER Public Economics Program Meeting, an NBER Universities Research Conference, the 2008 AEA Meetings, and a seminar at Columbia University. Korinek acknowledges financial support from the Austrian Academy of Sciences. Stiglitz acknowledges financial support from the Ford, MacArthur, and Mott foundations. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.