Stuck in the Tunnel: Is Globalization Muddling the Middle Class?

Our objective in this paper is to assess how middle-income groups are faring with the global turn to the market. We suggest some simple measures of the middle-the size and income shares of households around the median (75/125%)-and their income status relative to wealthier counterparts. Our results point to genuine distributional stress for middle-income households, as well as public perceptions of such stress.

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Year of publication:	2000
Authors:	Birdsall, N. ; Graham, C. ; Pettinato, S.
Institutions:	Brookings Institution
Subject:	INCOME \| MIDDLE CLASS \| GLOBALIZATION

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Series:	Brookings Institution - Working Papers.
Type of publication:	Book / Working Paper
Notes:	36 pages
Classification:	D30 - Distribution. General ; D31 - Personal Income, Wealth and Their Distributions ; H80 - Miscellaneous Issues. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005618749