Centre for Public Policy at IIMB hosted a talk on ‘Intellectual Property Rights & Wage Inequality’, by Prof. Chirantan Chatterjee, on June 20th

The seventh lecture in the ‘Inequality Conversation’ series touched upon data and empirical challenges to measure wage inequality in India and the mental health implications of such inequality. “From the Luddites, during the British Industrial Revolution, to recent labour market strife in digital platform markets, we are once again seeing what has been long recognized – that while innovation and technology adoption contribute to long run economic growth, they may also contribute significantly to rising income inequality,” said Prof. Chirantan Chatterjee, highlighting the ramifications of inequality on society. Building on insights from his recent research, Prof. Chatterjee’s talk documented how a change in the patent regime in India as a quasi-natural experiment impacted wage inequality between managerial and non-managerial workers in the Indian manufacturing sector.