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Money and Optimal Capital Taxation

Author

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  • Sanjay K. Chugh

    (University of Maryland)

  • S. Boragan Aruoba

    (University of Maryland)

Abstract

versions of our environment, capital-income subsidies are consistent with zero intertemporal distortions. Our main conclusion is that capital-tax policy can fundamentally be driven by monetary issues.

Suggested Citation

  • Sanjay K. Chugh & S. Boragan Aruoba, 2009. "Money and Optimal Capital Taxation," 2009 Meeting Papers 69, Society for Economic Dynamics.
    • Handle: RePEc:red:sed009:69
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