Inequality, neighbourhoods and variation in prices

dc.contributor.author	Dadu, Abhimanyu
dc.contributor.author	Gulati, Namrata
dc.date.accessioned	2015-08-10T10:10:35Z
dc.date.available	2015-08-10T10:10:35Z
dc.date.issued	2014-01
dc.identifier.uri	http://hdl.handle.net/2275/301
dc.description.abstract	In this study we examine the link between of income distribution and wholesale price of wheat using panel data. We have weekly time series data on prices for wheat for 3 districts in Uttar-Pradesh in India obtained from the Department of Economics and Statistics of the Ministry of Agriculture, Government of India (DES-MOA, GOI) for the period 2006-2011. Gini coefficient is calculated on the basis of consumption expenditure collected by National Sample Survey Organisation of India. We find that there is inverted-U shape relation between inequality and level of price for wheat: if we compare a cross-section of societies over the period of time, then price of food grain initially increases with increase in inequality but after a point it starts declining.	en_US
dc.language.iso	en	en_US
dc.relation.ispartofseries	WP;WP-2014-001
dc.subject	Kalman Filter	en_US
dc.subject	Inequality	en_US
dc.subject	Prices	en_US
dc.subject	Neighborhood	en_US
dc.subject	Panel	en_US
dc.title	Inequality, neighbourhoods and variation in prices	en_US
dc.type	Working Paper	en_US