. The idea is that US firms have systematically redistributed income to the top of the corporate hierarchy. I test this … hypothesis using a large scale hierarchy model of the US private sector. My method is to vary the rate that income scales with …What accounts for the growth of US top income inequality? This paper proposes a hierarchical redistribution hypothesis …

. As we see it, the root of our ecological problems lies not in the "economy", but in the hierarchical power structure of …

Financial well-being is distinct from income. Some people with high incomes suffer low financial well-being, as their … aspirations. We find that people whose aspirations exceed their income are less risk-averse and less loss-averse than people whose …

We study the effect of power sharing over income redistribution among different socio-economic groups in a model of … rule, which amount to say that income inequality rises as policymaking power gets more concentrated in the majority winning … population and the group average pre-tax income; (ii) the relative ideological neutrality of the poor, (iii) parties' and voters …