NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Capital Taxation During the U.S. Great Depression

Ellen R. McGrattan

NBER Working Paper No. 16588
Issued in December 2010

---- Acknowledgements -----

For helpful comments, I thank Roozbeh Hosseini, Ayse Imrohoroglu, Lee Ohanian, Ed Prescott, Martin Schneider, and conference participants at the Center for the Advanced Study in Economic Efficiency. For editorial assistance, I thank Kathy Rolfe and Joan Gieseke. The views expressed herein are those of the author and not necessarily those of the Federal Reserve Bank of Minneapolis, the Federal Reserve System, or the National Bureau of Economic Research. Appendices, data, and codes are available at my website, http://www.minneapolisfed.org/research/sr/sr451.html.

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