ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Rishabh KumarSubscribe to Rishabh Kumar

‘Two Class’ Distribution of Income in India

Results from the 2012–13 income tax data reveal that Indian incomes, particularly high salaries and wealth-related income, are statistically distributed into two distinct classes. The bulk of the reported income distribution can be explained by an exponential distribution, while a small fraction at the top follows a more unequal power law (Pareto) distribution. This distinction has important implications for inequality, and provides a point of comparison with similar statistical regularities observed in rich countries.
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