Research

Published/Ongoing research articles

• The evolution of wealth-income ratios in India 1860-2012
  Supplementary materials, Version on wid.world
  Latest draft, April 2019. 
  Media use: Mint, Economic Times
• Top Indian wealth shares and inheritances, 1966-1985
  Supplementary materials
  Revision resubmitted, Cliometrica. Latest draft, June 2019 
• Demand driven growth and two class capital distribution with applications to the United States with Christian Schoder and Siavash Radpour 
  Structural Change and Economic Dynamics, Volume 47 (2018)
  Preprint (free access)
  
• Two class statistical distribution of income in India: Evidence from 2012-13 income tax data
  Economic and Political Weekly, Volume 52 (2017)
  Ungated copy (free access)
• Wage increases, transfers, and the socially determined income distribution in the USA with Lance Taylor, Armon Rezai, Nelson Barbosa and Laura Carvalho 
  Open Access: Review of Keynesian Economics, Volume 5 (2017)
  Media use: Huffington Post 1, Huffington Post 2
• Personal savings from top incomes and household wealth accumulation in the United States: Results from disaggregated national accounts
  International Journal of Political Economy, Volume 45 (2016)

Work in progress 

• Dual sector puzzles and the long run Indian labor share (draft on request)
  with Rahul Menon 
• Opium of the masses? Evidence from convergence and global inequality (in progress)
  with Sujoy Chakravarty
• Stable extreme inequality: Indian incomes since 2012 (in progress)

Chapters in edited volumes

• United States size distribution and the macroeconomy 1986-2009 with Lance Taylor, Armon Rezai, Laura Carvalho and Nelson Barbosa
  Appears in Damill, M., Rapetti, M. and Rozenwurcel, G. eds.,
  Macroeconomics and Development: Roberto Frenkel and the Economics of Latin America. Columbia University Press 2016
  

Book reviews

• The Third Pillar: How Markets and the State leave the Community behind
  by Raghuram Rajan
  Forthcoming, Review of Keynesian Economics

Writing in the media

• Can the 2019 elections resolve India’s growth headwinds? 
  Observer Research Foundation Expert Speak, April 2019
• If India gave minimum support incomes to the rich before, it can do the same for the poor. Rahul Gandhi can do it
  Developing Economics, February 2019
  
• The double-edged sword of income inequality data in India
  The Hindu, September 2018
  
• Indian economic growth is being surpassed by wealth accumulation. Again.
  London School of Economics, South Asia@LSE, March 2018
• Not just r > g but r + q >> g: Piketty meets Ricardo in the long run of Indian history
  Developing Economics, February 2018
• The return of India’s super rich
  Mint, September 2017
• Capital is back? The fall and rise of the rich in India
  The Hindu, September 2017
• What we know about the wealthy
  Business Standard, October 2016 
  (Reprinted from Ideas for India)

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