Please weight: when confronted by a large Indian statistic, divide by population

Ghatak, Maitreesh ORCID: 0000-0002-0126-0897 and Ray, Debraj (2014) Please weight: when confronted by a large Indian statistic, divide by population. South Asia @ LSE (12 Sep 2014). Website.

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Abstract

The latest wealth index by New World Wealth that looks at multimillionaires has ranked India eighth in the global rich list. But Maitreesh Ghatak and Debraj Ray contend that looking at absolute numbers can be misleading. Accounting for population and economic differences across countries, it shows that while India does not stand out in terms of income going to the top 1%, it does in terms of income going to the top 0.1%.

Item Type:	Online resource (Website)
Official URL:	http://blogs.lse.ac.uk/southasia/
Additional Information:	© 2014 The Authors
Divisions:	LSE
Subjects:	H Social Sciences > HA Statistics H Social Sciences > HC Economic History and Conditions
Date Deposited:	24 May 2016 08:05
Last Modified:	13 Sep 2024 19:12
URI:	http://eprints.lse.ac.uk/id/eprint/66609

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