Defining poor to defining rich: Gauging the middle class in India

Udaya Mishra and William Joe

Economics Bulletin, 2010, vol. 30, issue 4, 3321-3328

Abstract: This is a simple illustration of using the concept of poverty gap in determining the rich and in turn the middle class given the consumption expenditure distribution of a population. Based on the transfer principle from rich to the poor it assumes complete alleviation of poverty. Such an exposition of defining affluence or rich conveys an understanding of inequality on one hand and extent of richness on the other

Keywords: affluence; middle class (search for similar items in EconPapers)
JEL-codes: I0 I3 (search for similar items in EconPapers)
Date: 2010-12-09
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Citations: View citations in EconPapers (4)

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