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This paper updates and extends my earlier work (published in the June 2007 issue of the Journal of Economic Issues on how the middle class fares throughout the world. Wave #6 data from the Luxembourg Income Study, recently released and centered around 2004, provides an opportunity to assess what...
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After the fierce class struggles in the first postwar years, a societal model describing Japan as a general middle-class society with outstanding equality in opportunities and outcome became dominant. In recent years, a new societal model of Japan as a divided society has replaced this general...
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