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This paper updates and extends my earlier work, published in the Journal of Economic Issues, on how the middle class fares throughout the world. My 2007 paper provided a definition of the middle class as well as estimates of the size of the middle class in several nations. It argued that the...
Persistent link: https://www.econbiz.de/10010335353
Did the US middle class benefit from the 1990s economic boom? Did this halt or reverse a middle class decline from the previous decade or more? Is a shrinking middle class strictly a US phenomenon with domestic causes, or is a problem that has plagued most of the world economy? This paper will...
Persistent link: https://www.econbiz.de/10011653006
It is well known that women are much more likely to be poor than men. This is true in the US and in most developed nations. But the causes of this phenomenon remain a matter of dispute. This paper looks at two feminist explanations for the feminization of poverty. First, there is the issue of...
Persistent link: https://www.econbiz.de/10010335374
This article employs the Luxembourg Income Study (LIS) to compare poverty rates for female-headed households (FHHs) with poverty rates for other households in a number of developed and transitional economies. It then seeks to explain why, in some countries, female-headed households are so much...
Persistent link: https://www.econbiz.de/10011652969