This paper examines the implications of income redistribution on human capital accumulation and income inequality … intellectual ability. It is shown that the impact of redistribution is ambiguous on the income distribution as well as on human … equity in low-tax societies, it may be highly detrimental in both respects if the rate of redistribution is already moderate …

enforcers - on corruption, drug dealing, and other forms of sequential, bilateral, illegal trade. We find that when not properly …-shot) illegal transactions, which would not be enforceable otherwise. -- Law enforcement ; Self-reporting ; Corruption ; Crime …

, that increases in the rate of interregional redistribution need not generate neither reduced interregional inequality nor …. -- interregional redistribution ; welfare ; inequality … inequality and on social welfare. We introduce a model of two regions, where individuals are differentiated by their ability and …