This article considers the consequences of asset-based accumulation for household income factors and social class structure in twenty-nine countries from 1998-2016. Are financialization, asset-based welfare institutions, and rising real estate returns fueling a growing class of petit rentiers in...

Using nationally representative panel data for 21,799 individuals between May 2018 and April 2020, this paper investigates whether the Covid-19 pandemic was indeed a "Great Leveler" in the sense that it imposed similar and equivalent labour market shocks on different caste groups. We find that...

Hierarchies in social identities have been found to be integrally related to divergences in economic status. In India, caste is one such significant social identity where continued discriminatory practices towards the lower castes have resulted in poor outcomes for them. While there is...

While World War II (WWII) is often employed as natural experiment to identify long-term effects of adverse early-life and prenatal conditions, little is known about the short-term effects. We estimate the short-term impact of the onset of WWII on newborn health using a unique data set of...

We link administrative data on tax returns across two generations of Italians to study the degree of intergenerational mobility. We estimate that a child with parental income below the median is expected to belong to the 44th percentile of its own income distribution as an adult, and the...

A landmark study published in PNAS (Côté S, House J, Willer R, 2015, 112:15838–15843, doi:10.1073/pnas.1511536112) showed that higher income individuals are less generous than poorer individuals only if they reside in a U.S. state with comparatively large economic inequality. This finding...

Three important features of Indian labor markets enduringly coexist: rent-seeking, occupational immobility, and caste. These facts are puzzling, given theories that predict static, equilibrium social inequality without conflict. Our model explains these facts as an equilibrium outcome. Some...

Partner selection is a vital feature of human behavior with important consequences for individuals, families, and society. Hypergamy occurs when a husband’s earning capacity systematically exceeds that of his wife. We provide a theoretical framework that rationalizes hypergamy even in the...

Longitudinal surveys can give insight into economic mobility, which allows us to understand how markers of (dis)advantage are consequential in determining material conditions in the present, and how these markers structure economic opportunity over time. In this paper we show that this dynamic...

"This volume offers insights into ongoing, global socio-economic transformations by directing attention to the significance of labour, work, craft, community, social institutions, social movements and, emergent subjectivities in different parts of the world. This is in contrast to theories that...

"This thoroughly revised and expanded new edition provides a comprehensive introduction to contemporary social policy and addresses its historical, theoretical and contextual foundations as well as contemporary policy issues relating to health, education and welfare as well as the impact of...

Theoretical perspectives and empirical literature -- MSMEs access to finance and policy initiatives -- Micro, small and medium enterprises in India: their characteristics and evolution over time -- Access to credit and small firm growth -- gender, small firm ownership and credit constraints --...

This paper studies the causal effect of English proficiency on residential location outcomes and the socioeconomic class of immigrants in England and Wales, exploiting a natural experiment. Based on the phenomenon that young children learn a new language more easily than older children, we...

The level of infant and under-five mortality is high among scheduled castes (SCs) and scheduled tribes (STs) in India. This study intends to quantify the contribution of education in explaining the gap in infant and under-five mortality between SCs/STs and non-SC/ST population in India with a...

Using exogenous variation in social proximity generated by an allocation rule, we find that bureaucrats assigned to their home states are perceived to be more corrupt and less able to withstand illegitimate political pressure. Despite this, we observe that home officers are more likely to be...

Elite occupations are characterised by the magnitude of income accumulation which has been particularly exacerbated in the financialisation process. This paper however shows that the cumulative effects on group earnings is a pattern visible across the labour force. The case studies on the US and...

This paper proposes a stylised model to derive the effect of a sizeable middle class on average educational outcomes. Under reasonable assumptions, the model predicts that the spending share on education increases if the middle class becomes larger such that the size of the middle class has a...

"In The Politics of Public Debt Daniel Bin analyzes how fiscal and monetary policies and the administration of public debt related to class, labor, and democracy during the period of neoliberal financialization in Brazil. Sustained by state action, the politico-economic context allowed the...

"In this book, Das presents a class-based perspective on the economic and political situation in contemporary India in a globalizing world. It deals with the specificities of India's capitalism and neoliberalism, as well as poverty/inequality, geographically uneven development, technological...

Klappentext: Innovationen werden weltweit eine tragende Rolle für Prosperität und Wirtschaftswachstum zugesprochen. Dementsprechend ist die Sicherung der Innovationsfähigkeit auch ein großes Thema der wirtschaftspolitischen Gegenwart in Deutschland. Innovationen mögen in manchen Fällen...