The rich keep getting richer in India! Says who?
This paper considers the dynamics of income distributional pattern in India. If reforms are pro-rich then would see emergence of twin peaks in the underlying income distribution function in India (i.e.clustering of the rich people, and clustering of the poor people). On the other hand, a uniform growth process at a pan-India level will lead to the disappearance of any such clusters.
|Date of creation:||Sep 2011|
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- Danny Quah, 1996. "Twin peaks : growth and convergence in models of distribution dynamics," LSE Research Online Documents on Economics 2278, London School of Economics and Political Science, LSE Library.
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