How many politicians are billionaires in India?
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6 Citations | Using global price shocks to thirty-one different minerals, and nationwide geological and political data from India, we show that local mineral wealth shocks cause the election of criminal politicians. |
11 Citations | Using evidence from originally collected data on former TDs from 1989 to 2016, we find that almost one third of ex-politicians are in the private sector; however, many merely return to their previous occupations as solicitors or small business owners. |
Open access•Journal Article 5 Citations | India has joined the billionaire league in population along with China and these two countries are likely to be the only two billionaires in population size. |
9 Citations | Further analyses suggest several mechanisms that may partly explain why many “wealth accumulators” win elections in India despite these negative reactions. |
21 Citations | Billionaires are more likely to move to countries that share a language and a culture with their country of birth and to countries with larger markets, higher incomes, and lower capital taxes. |
The paper concludes that Russia has a higher number of billionaires than economic factors such as market size and tax rate predict. | |
do not support the first hypothesis for all subgroups of billionaires. |
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