. 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 …

This paper proposes a new "power theory" of personal income distribution. Contrary to the standard assumption that … by one's position within an institutional hierarchy. While many theorists have proposed a connection between personal … number of subordinates below one's position in a hierarchy. Using this definition, I find that relative income within firms …

increase as one moves up the hierarchy. But how this hierarchical structure affects income distribution has not been widely … hierarchy. This "hierarchy model" takes the limited available evidence on the structure of firm hierarchies and generalizes it … conduct the first quantitative investigation of hierarchy’s effect on income distribution. I find that hierarchy plays a …

energy use, hierarchy, and inequality. To do this, I create a large-scale numerical model that is informed by modern evidence …

)distribution of top incomes is uniform because it is shaped by a ubiquitous feature of social life, namely hierarchy. Using a model … first developed by Herbert Simon and Harold Lydall, I show that hierarchy can explain the power-law distribution of top …

What explains the power-law distribution of top incomes? This paper tests the hypothesis that it is firm hierarchy that … creates the power-law income distribution tail. Using the available case-study evidence on firm hierarchy, I create the first … reproduces the power-law scaling of top US incomes. I show that this is purely an effect of firm hierarchy. This raises the …

largest corporations' share of total employment. These results are synthesized to form a new theory linking profit, social … hierarchy, and growth. …