Optimal taxation in the presence of bailouts
NBER Working Paper No. 15405
---- Acknowledgements -----
This paper was prepared for the April 2009 Carnegie Rochester Conference on Public Policy "Credit Market Turmoil: Implications for Policy". I would like to thank Andy Abel, Rui Albuquerque, John Heaton, and participants at the Carnegie Rochester conference for useful comments and discussion. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.