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We study the distribution of income across Indian states for 2014-19 and find significant heterogeneity in income inequality. Particularly concerning in terms of high inequality are states of Uttar Pradesh, Telangana, Chhattisgarh, Madhya Pradesh, Maharashtra, Gujarat, Punjab, and Haryana –...
Persistent link: https://www.econbiz.de/10013220283
We investigate the nature and extent of reallocation occurring within the Indian income distribution, with a particular focus on the dynamics of the bottom of the distribution. We argue that income evolution is appropriately modeled using Geometric Brownian Motion (GBM). Specifically, we use the...
Persistent link: https://www.econbiz.de/10012833686