People are heterogenous in the skills by which they turn eort into output. A central question in normative public economics is how to redistribute resources from more- to less-skilled individuals eciently. In addition to income taxation, this paper considers another policy tool of redistribution...

University of Minnesota Ph.D. dissertation. August 2009. Major: Economics. Advisor: Narayana R. Kocherlakota. 1 computer file (PDF); vii, 104 pages.