A new inequality estimate for urban India?: Using house prices to estimate inequality in Mumbai

Gerton Rongen

No wp-2018-181, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper applies a novel inequality estimation method to household consumption expenditure in Mumbai, India. Since the richest households may be missing in survey data, this re-estimated inequality figure takes them into account by combining survey data with house price data. However, application of this method does not indicate that the survey-based Gini coefficient of 0.447 underestimates consumption inequality in Mumbai; none of the ten investigated scenarios yields a higher estimate.

Keywords: House prices; Household consumption; Household survey; Economic inequality; Household income (search for similar items in EconPapers)
Date: 2018
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