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Measuring Mobility in Wealth: Some Estimates from a South Indian Village

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  • Swaminathan, Madhura

Abstract

This paper examines a dynamic aspect of the distribution of wealth, namely mobility in terms of ownership of wealth at the household level. The investigation was motivated by a concern with changes in the long run well-being of individuals. The matrix approach is identified as suitable for obtaining a good descriptive characterization of mobility. Matrix-based measures are outlined and a supplementary distance measure is proposed, one that discriminates between mobility of the rich and poor. Matrices are constructed for a south Indian village based on panel data spanning an eight year period. Empirical estimates of mobility measures that show restricted mobility in the village are used to illustrate some implication of mobility analysis for development policy. Copyright 1991 by Blackwell Publishing Ltd

Suggested Citation

  • Swaminathan, Madhura, 1991. "Measuring Mobility in Wealth: Some Estimates from a South Indian Village," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 53(2), pages 171-183, May.
  • Handle: RePEc:bla:obuest:v:53:y:1991:i:2:p:171-83
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    Cited by:

    1. Malcolm Keswell, 2004. "Non-Linear Earnings Dynamics In Post-Apartheid South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 72(5), pages 913-939, December.
    2. M. Niaz Asadullah, 2012. "Intergenerational Wealth Mobility in Rural Bangladesh," Journal of Development Studies, Taylor & Francis Journals, vol. 48(9), pages 1193-1208, September.
    3. Verpoorten, Marijke, 2014. "Growth, poverty and inequality in Rwanda: A broad perspective," WIDER Working Paper Series 138, World Institute for Development Economic Research (UNU-WIDER).
    4. Fachinger, Uwe, 1998. "Die Verteilung der Vermögen privater Haushalte: Einige konzeptionelle Anmerkungen sowie empirische Befunde für die Bundesrepublik Deutschland," Working papers of the ZeS 13/1998, University of Bremen, Centre for Social Policy Research (ZeS).
    5. Marijke Verpoorten & Lode Berlage, 2004. "Genocide and land scarcity: Can Rwandan rural households manage?," CSAE Working Paper Series 2004-15, Centre for the Study of African Economies, University of Oxford.
    6. Shahin Yaqub, 2003. "Relating Severe Poverty and Chronic Poverty," Working Papers wpdea0307, Department of Applied Economics at Universitat Autonoma of Barcelona.
    7. Fuwa, Nobuhiko, 2003. "Pathways from Poverty toward Middle Class: Determinants of Socio-economic Class Mobility in the Rural Philippines," MPRA Paper 23690, University Library of Munich, Germany.

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