Research papers


Below is a list of my research papers and ongoing research activity. I usually post a working paper version and a (gated) link to the publication.

Publications/Submissions (see links)

  • Capital and the Hindu rate of growth: Wealth concentration in newly independent India 1961-1986 (submitted)
    Link to paper (New! SSRN WP Aug 2017)

Short (blog) summary on:
Press Cover: LivemintThe Hindu(I4I) Ideas for India, Business Standard

  • Demand driven growth and two class capital distribution with applications to the United States with Christian Schoder and Siavash Radpour  Link to paper
    Revision resubmitted at Structural Change and Economic Dynamics.
  • Two class statistical distribution of income in India: Evidence from 2012-13 income tax data Link to paper
    Economic and Political Weekly, Volume 52 (2017).
  • Wage increases, transfers, and the socially determined income distribution in the USA with Lance Taylor, Armon Rezai and Nelson Barbosa  Link to paper
    Review of Keynesian Economics, Volume 5 (2017).
    Media mentions: Huffington Post 1  and Huffington Post 2
  • Personal savings from top incomes and household wealth accumulation in the United States: Results from disaggregated national accounts   Link to paper
    International Journal of Political Economy, Volume 45 (2016).
  • United States size distribution and the macroeconomy 1986-2009 with Lance Taylor, Armon Rezai, Laura Carvalho and Nelson Barbosa  Link to book
    Appears in Damill, M., Rapetti, M. and Rozenwurcel, G. eds., 2016. Macroeconomics and Development: Roberto Frenkel and the Economics of Latin America. Columbia University Press.

Work in progress (some manuscripts may be available on request)

  • The long run metamorphosis of national and private wealth in India 1870-2010
  • Returns to accumulated capital in independent India (ongoing)
  • Temporal evolution of income classes in India since 1990 (ongoing)