We analyze the importance of the educated class for the persistence of mass consumption societies in an economy with a hierarchy of needs.Through the demand for managerial talent (which is needed to operate advanced industrial technologies), the latter generate their own demand for skills. In...

Education is an important tool used to equip knowledge and pursue self-improvement, which may affect intergenerational social class mobility through human capital accumulation. Using 8014 mixed cross-section samples from the 2017, 2018 and 2021 China General Social Survey (CGSS), an...

Horizontal gender segregation in education negatively impacts both equity and efficiency in the labor market, contributing to disparities in career opportunities and economic outcomes. This paper examines the influence of social origins on gender segregation in Italian tertiary education over...

We analyze the importance of the educated class for the persistence of mass consumption societies in an economy with a hierarchy of needs.Through the demand for managerial talent (which is needed to operate advanced industrial technologies), the latter generate their own demand for skills. In...

This chapter argues that parenting choices are a central force in the joint evolution of culture and economic outcomes. We present a framework in which parents - motivated by both their children’s future success and their own normative beliefs - choose parenting styles and transmit cultural...

In an ongoing cycle of mutual constitution, culture, the self, and associated psychological tendencies dynamically interact. Prior studies show that people from Western individualist cultures construe the self in independent terms (stressing their uniqueness and separation from others),...

The relationship between personal debt and cognition has received limited attention, especially, in developing countries. This study focuses on India and examines the relationship between Big Five personality traits, cognitive skills (math, literacy, and Raven scores), and financial...

We examine how within-group inequality, by influencing the group bias of state institutions such as the police and the judiciary, affects the cost-benefit calculus of individuals engaging in identity-assertive behaviour, that results in police complaints regarding hate crimes. We develop a...

We examine how within-group inequality, by influencing the group bias of state institutions, affects the cost-benefit calculus of individuals engaging in identity-assertive behaviour, that results in police complaints regarding hate crimes. We develop a two-stage contest model of between-group...

Disparities across social identity groups (such as race, caste, and ethnicity) are a global phenomenon, where significant differences in wealth and other socioeconomic outcomes are observed. Although the contexts and historical roots of these differences vary by country, there are common...

The documented under-representation of marginalized groups in business ownership and the labour market is a concerning issue. This study explores how caste disparities in small-firm entrepreneurship impact on firm performance in India, focusing on the informal sector. Our examination shows a...

Are wages really a good proxy of the value of labour? Or, alternatively, do they largely reflect socio-institutional embedded practices of current societies according to which a manager deserves to be paid more than a nurse? This paper studies the determinants of wage remuneration and wage...

We report the results of a study of LSE home undergraduate students which addresses the significance of social class background in shaping a range of student outcomes. We explore how class background and other sociodemographic variables affect access (who gets in), study choice (who studies...