NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Optimal Capital Versus Labor Taxation with Innovation-Led Growth

Philippe Aghion, Ufuk Akcigit, Jesús Fernández-Villaverde

NBER Working Paper No. 19086
Issued in May 2013

---- Acknowledgments ----

We are particularly grateful to Raj Chetty for his continuous help and guidance throughout this project. We also thank Daron Acemoglu, Manuel Amador, Andy Atkeson, Tim Besley, Richard Blundell, Ariel Burstein, Emmanuel Farhi, Peter Howitt, Caroline Hoxby, Louis Kaplow, Huw Lloyd-Ellis, Pietro Peretto, Torsten Persson, Thomas Piketty, and John Seater, as well as seminar participants at IIES (Stockholm University), Harvard, CIFAR, Brown, Chicago Booth, UCLA, the EFJK Economic Growth Conference, the Canadian Macro Study Group, and the SKEMA Workshop on Economic Growth for very helpful comments and suggestions. Luigi Bocola provided outstanding research assistance. Finally, we acknowledge the NSF for financial support. 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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