Ghatak, Maitreesh and Ray, Debraj (2014) Please weight: when confronted by a large Indian statistic, divide by population. South Asia @ LSE blog (12 Sep 2014) Blog Entry.
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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: | Website (Blog Entry) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/southasia/ |
| Additional Information: | © 2014 The Authors |
| Library of Congress subject classification: | H Social Sciences > HA Statistics H Social Sciences > HC Economic History and Conditions |
| Sets: | Collections > South Asia @ LSE |
| Date Deposited: | 24 May 2016 08:05 |
| URL: | http://eprints.lse.ac.uk/66609/ |
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