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This paper examines anonymous and non-anonymous Growth Incidence Curves (GICs) for after-tax disposable income for …
Persistent link: https://www.econbiz.de/10012615974
Defining the 'global middle class' as being neither poor nor rich in the developed world, we estimate the size of the global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective. China's global middle class has grown rapidly and has...
Persistent link: https://www.econbiz.de/10012588683
Defining the ‘global middle class’ as being neither poor nor rich in the developed world, we estimate the size of the global middle class in China and 33 other countries and analyze China’s expanding middle class in international perspective. China’s global middle class has grown rapidly...
Persistent link: https://www.econbiz.de/10012591395
Persistent link: https://www.econbiz.de/10012807758
In this paper we aim to disentangle how sectoral economic growth affects the size of the middle class, using state-level data of Bolivia from 2000 to 2017 and breaking the three main economic activities into subsectors to attain more-specific results. Because the data from Bolivia are limited,...
Persistent link: https://www.econbiz.de/10012599748
Persistent link: https://www.econbiz.de/10011780883
middle class, and a "top" management capitalist class. The model introduces personal income distribution that supplements … conventional concerns with functional income distribution. Within such a model, endogenously generated changes in personal income … with both capitalists and workers. Changes that benefit the middle class do not necessarily increase growth or employment …
Persistent link: https://www.econbiz.de/10010240799
composition of the middle class by computing various statistical features of the distribution of income and of consumption: the … reduced dataset of 52 middle-income countries using a two-step system GMM estimator. The bulk of bottom middle classes is … middle-income countries, the consumption capacity of the middle class is what matters most and a middle class that is large …
Persistent link: https://www.econbiz.de/10011668460
Persistent link: https://www.econbiz.de/10003728477
In many developing countries, the supply of skilled workers is likely to continue to be stronger than demand, and this should drive down the skill premium and reduce inequality. Within the limitations of any exercise based on simulations, this paper finds that the recently observed reduction in...
Persistent link: https://www.econbiz.de/10011396193