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Income inequality is on the rise, and everyone, from President Obama and Pope Francis to Prince Charles and Standard & Poor's, is talking about it. But these conversations about what are arguably the most significant changes in the distribution of incomes and earnings since the 1940s are leading...
Persistent link: https://www.econbiz.de/10011732002
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...
Persistent link: https://www.econbiz.de/10011803329
We investigate whether Chinese household incomes have caught up to those of the middle class in the developed world. Using nationwide survey data for 2002 and 2013, we find considerable catch up. Defining the global middle class as being neither poor nor rich in the developed world, we estimate...
Persistent link: https://www.econbiz.de/10012006264
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In a polarised and highly unequal country such as South Africa, it is unlikely that a definition of the middle class that is based on an income threshold will adequately capture the political and social meanings of being middle class. We therefore propose a multi-dimensional definition, rooted...
Persistent link: https://www.econbiz.de/10011388311
Persistent link: https://www.econbiz.de/10011816348
Based on Norwegian administrative registers we provide new empirical evidence on the effects of the childhood neighborhood's socioeconomic status on educational and labor market performance. A neighborhood's status is measured annually by its prime age inhabitants' earnings ranks within larger...
Persistent link: https://www.econbiz.de/10011887087
Ghana has managed to consistently keep its poverty rate lower than the regional average over the past 25 years, but … this positive trend slowed down recently. We investigate the dynamics of overall, moderate, and extreme poverty in Ghana …-sectional data. While we find considerable conditional chronic (extreme) poverty rates hovering around 50-60 percent, there is more …
Persistent link: https://www.econbiz.de/10014462179
poverty and affluence poles and regimes, for fulltime selfemployed, employees and subsequently for further socio …
Persistent link: https://www.econbiz.de/10012703081
Persistent link: https://www.econbiz.de/10012180336