Incentive Effects of Inheritances and Optimal Estate Taxation
NBER Working Paper No. 18747
---- Acknowledgements ----
This paper is prepared for May 2013 issue of the American Economic Review: Papers and Proceedings. I am grateful to Russell James, Rob McClelland, Emmanuel Saez, Bernard Salanie and Dan Silverman for helpful comments. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.