Banerjee, Abhijit V.; Piketty, Thomas - 2003
This paper presents data on the evolution of top incomes and wages from 1956 to 2000 in India using individual tax … were in 1956. We argue that this U-shaped pattern is broadly consistent with the evolution of economic policy in India: The … period from 1956 to the early to mid 1980s was also the period of "socialist" policies in India, while the subsequent period …