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...

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...

Consistent with Human Capital Theory we show that observed earnings differentials are higher, based on the type of education. We track women employees in the Information Technology (IT) sector in Chennai, in the state of Tamil Nadu, India, and, estimate the source of earnings differential, and...