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Defining poor to defining rich: Gauging the middle class in India

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  • Udaya S Mishra

    ()
    (Associate Professor, Centre for Development Studies)

  • William Joe

    ()
    (Junior Consultant, Institute of Economic Growth)

Abstract

This is a simple illustration of using the concept of poverty gap in determining the rich and in turn the middle class given the consumption expenditure distribution of a population. Based on the transfer principle from rich to the poor it assumes complete alleviation of poverty. Such an exposition of defining affluence or rich conveys an understanding of inequality on one hand and extent of richness on the other

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File URL: http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I4-P307.pdf
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Bibliographic Info

Article provided by AccessEcon in its journal Economics Bulletin.

Volume (Year): 30 (2010)
Issue (Month): 4 ()
Pages: 3321-3328

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Handle: RePEc:ebl:ecbull:eb-10-00708

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Keywords: affluence; middle class;

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Cited by:
  1. Chameni Nembua, Célestin & Biloa Essimi, Jean Aristide, 2013. "Who is Rich in Cameroun?
    [Who is Rich in Cameroon?]
    ," MPRA Paper 48024, University Library of Munich, Germany.
  2. BILOA ESSIMI, Jean Aristide & CHAMENI NEMBUA, Celestin, 2013. "Estimation D’Une Ligne D’Affluence : Cas Du Cameroun
    [Affluence Line Estimation: Case Of Cameroon]
    ," MPRA Paper 48095, University Library of Munich, Germany.

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