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. 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 …
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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 …
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We study the effect of power sharing over income redistribution among different socio-economic groups in a model of … rich (resp., the poor) increase (resp., decrease) with power sharing disproportionality. Further, we prove that the Gini … coefficient associated with the distribution of disposable incomes also rises with the disproportionality of the power sharing …
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