Khamis, Melanie; Prakash, Nishith; Siddique, Zahra - In: Journal of Economic Behavior & Organization 83 (2012) 3, pp. 353-371
We examine spending on consumption items which have signaling value in social interactions across groups with … representative micro data on household consumption expenditures, we find that disadvantaged caste groups such as Other Backward … Castes spend 8 percent more on visible consumption than Brahmin and High Caste groups while social groups such as Muslims …