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Persistent link: https://www.econbiz.de/10008596845
Measurement of the middle class has recently come to the center of policy debate in middle-income countries as they search for the potential engines of growth and good governance. This debate assumes, first, that there is a meaningful definition of class, and second, that the thresholds which...
Persistent link: https://www.econbiz.de/10010989194
This paper presents a three class growth model with labor market conflict. The classes are workers, a middle management middle class, and a "top" management capitalist class. The model introduces personal income distribution that supplements conventional concerns with functional income...
Persistent link: https://www.econbiz.de/10010858919
The main contribution of this paper with respect to previous work is the use of data on subjective perceptions to identify the Latin American middle classes. This paper provides a set of comparisons between objective and subjective definitions of middle-class using data from the 2007 World...
Persistent link: https://www.econbiz.de/10010943989
This paper compares objective and subjective definitions of the middle-class using data from the 2007 World Gallup Poll. Seven objective income-based definitions of social class are contrasted with a self-perceived social status measure. Mismatches between the objective and subjective...
Persistent link: https://www.econbiz.de/10010944419
This paper provides an assessment of how households’ income has fared compared with GDP. While the prime focus is on incomes around the median, attention is paid also to the bottom of the income distribution. Thus, one contribution of the paper is to deliver a fresh assessment of the evolution...
Persistent link: https://www.econbiz.de/10011276803
This paper empirically applies the statistical approaches to the phenomenon of polarization generated by Esteban, et al. (1999) and Gradín (2000) in order to quantify the evolution of the middle class in Mexico and the role of various household attributes in the formation of groups during...
Persistent link: https://www.econbiz.de/10005260257
In this paper, we revisit 'what and who' is middle class in South Africa using data collected in the 2008 National Income Dynamics Study. First we consider how to identify the middle class based on two broad definitions adopted in the international literature: a middle class defined by the...
Persistent link: https://www.econbiz.de/10009319024
Purpose – Using official and household survey data, the purpose of this paper is to analyze the size of middle class in rural China, its trend and geographical distribution. Determinants or drivers of changes in the size of middle class are explored. Design/methodology/approach – An absolute...
Persistent link: https://www.econbiz.de/10010551065
This paper aims to identify and characterize the Chinese urban middle class. We propose to improve the description of the middle class using an innovative approach combining an economic approach (based on income) and a sociological approach (based on education and occupation). The empirical...
Persistent link: https://www.econbiz.de/10010693528