This paper examines key determinants of class status and the relationship between class status and values. We show that class status is largely determined by factors related to higher incomes, but is highly divergent among regions. Higher class status is significantly correlated with values that...

In this study we use data from rural India to examine the impact of the birth of a boy relative to the birth of a girl (i.e., the "gender shock") on the savings, consumption and income of rural Indian households. We find that the gender shock reduces savings for medium and large farm households,...