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Persistent link: https://www.econbiz.de/10012307952
variables and on the validity of the classical assumption. We begin by summarizing the literature on biases due to measurement … studies allow us to assess the magnitude of measurement errors in survey data, and the validity of the classical assumption …. In addition to the magnitude of the errors, we also focus on the validity of the classical assumption. Quite often, we …
Persistent link: https://www.econbiz.de/10014024981
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hierarchical power - the command of subordinates in a hierarchy - is what distinguishes the rich from the poor and capitalists from … workers. Specifically, I hypothesize that individual income increases with hierarchical power, as does the share of individual … extrapolates the CEO data. The results indicate that income tends to increase with hierarchical power, as does the capitalist …
Persistent link: https://www.econbiz.de/10012127049
This paper offers a new approach to the study of capitalist income. Building on the "capital as power" framework, I … hierarchy. In short, I hypothesize that capitalist income stems from hierarchical power. Based on this thinking, I hypothesize … that the capitalist fraction of an individual's income is a gradient function of hierarchical power (which I define as the …
Persistent link: https://www.econbiz.de/10011888765
. What makes the rich different, I propose, is hierarchical power. The rich command hierarchies. The poor do not. It is this … evidence from US CEOs. I find that the relative income of CEOs increases with their hierarchical power, as does the capitalist … portion of their income. This suggests that among CEOs, both income size and income class relate to hierarchical power. I then …
Persistent link: https://www.econbiz.de/10011994821
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with other variables that explain recessions. We show that the explanatory power of oil price shocks largely persists even …
Persistent link: https://www.econbiz.de/10011421672
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being correlated with other variables that explain recessions. We show that the explanatory power of oil price shocks …
Persistent link: https://www.econbiz.de/10010361838