Defining poor to defining rich: Gauging the middle class in India
AbstractThis 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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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 30 (2010)
Issue (Month): 4 ()
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affluence; middle class;
Find related papers by JEL classification:
- I0 - Health, Education, and Welfare - - General
- I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
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