Personal Income and Hierarchical Power
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Date
2019
Authors
Fix, Blair
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Abstract
Abstract: This article examines the relation between personal income and hierarchical power. In the context of a firm hierarchy, I define hierarchical power as the number of subordinates under an individual’s control. Using the available case-study evidence, I find that relative income within firms scales strongly with hierarchical power. I also find that hierarchical power affects income more strongly than any other factor for which data is available. I conclude that this is preliminary evidence for a hierarchical-power theory of personal income distribution.
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income distribution hierarchy power
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Citation
Personal Income and Hierarchical Power.
Fix, Blair. (2019). Journal of Economic Issues. Vol. 53. No. 4. December. pp. 928-945. (Article - Journal; English).