Wealth Inequality, Class and Caste in India, 1961-2012

Nitin Bharti
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Nitin Bharti: PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, WIL - World Inequality Lab

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Abstract: I combine data from wealth surveys (NSS-AIDIS) and millionaire lists to produce wealth inequality series for India over the 1961-2012 period. I find a strong rise in wealth concentration in recent decades, in line with recent research using income data. E.g. the top 10% wealth share rose from 45% in year 1981 to 63% in 2012, while the top 1% share rose from 12.5% to 31%. Next, I gather information from censuses and surveys (NSS AIDIS and IHDS) in order to explore the changing relationship between class and caste in India and the mechanisms behind rising inequality.

Keywords: Wealth Inequality; Caste; India; Wealth; Inequality; Assortative Mating; Marriage (search for similar items in EconPapers)
Date: 2018
Note: View the original document on HAL open archive server: https://pse.hal.science/hal-02878149v1
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Citations: View citations in EconPapers (12)

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