The present research aims to compare and improve the measurement and, therefore, the definition of what "middle class" represents, for a group of countries in Latin America, namely Colombia,Mexico, Peru, Brazil and Ecuador, using a methodology based on the expenditure of households, compared to...

This paper appraises quantitatively the efficiency of public expenditure of 15 Latin American countries using cross-country data for averages between 2000 and 2009. For this purpose two non-parametric methods are used: Data Envelopment Analysis (DEA) and Free Disposal Hull (FDH). Selected output...