Political Economy of Ramsey Taxation
---- Acknowledgements ----
We are grateful to Andrew Atkeson, Tim Besley, V.V. Chari, Stephen Coate, and Pierre Yared for comments. We thank Georgy Egorov and Oleg Itskhoki for research assistance and the National Science Foundation for financial support. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.