NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Optimal Dynamic Taxes

Mikhail Golosov, Maxim Troshkin, Aleh Tsyvinski

NBER Working Paper No. 17642
Issued in December 2011

---- Acknowledgements -----

We thank Stefania Albanesi, Fernando Alvarez, V.V. Chari, Dirk Krueger, Larry Jones, Igor Livshits, Stephen Morris, James Poterba, Emmanuel Saez, Ali Shourideh, Nancy Qian, Hongda Xiao, Pierre Yared, and audiences at ASU, Bank of Japan, Boston University, Chicago, Chicago Booth, Chicago Fed, Cornell, Cowles, EIEF, Gerzensee, Minnesota Macro, NBER PF, Northwestern, NY Fed, NYU, Princeton, Rochester, SED, Texas, UCSD. Marianne Bruins, James Duffy and Nicolas Werquin provided outstanding research assistance. We gratefully acknowledge the use of software licences provided at the Institute on Computational Economics. Golosov and Tsyvinski thank EIEF for hospitality and NSF for support. Troshkin thanks Minneapolis Fed for hospitality and support. Tsyvinski thanks IMES of the Bank of Japan and John Simon Guggenheim Foundation. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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