This paper provides a summary of the findings contained in a forthcoming issue of the Latin American Journal of Economics on entrepreneurship in Latin America as a vehicle for upward social mobility, especially for the middle class. The income persistence coefficients estimated with pseudo-panel...

This study examines the impact of international economic sanctions, imposed on Iran due to its nuclear program, on the development of the middle class. Specifically, it investigates how the middle class in Iran would have developed in the absence of these sanctions post-2012. To address this...

This paper compares the standard economic and a complementary socio-economic approach to the transition. While the economic approach looks at social problems from the outside and views them as costs of transition, the socio-economic approach looks at these problems from the inside and views them...

The world is changing its socio-economic landscape. By doing so, the phenomenon of a growing middle-class appears. Both household surveys and growth projections suggest that only about one-third of the global middle class is based in Asia. However, between 2009 and 2017, the global middle-class...

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...

Income disparities between poorer and richer households in Germany have been widening since reunification. Although this income polarisation is reduced during economically favourable periods by strong growth in employment, once the good times are over, it rises all the faster. The longer-term...

Die Einkommensgegensätze zwischen ärmeren und reicheren Haushalten nehmen in Deutschland seit der Wiedervereinigung zu. Zwar reduziert sich diese Einkommenspolarisierung in konjunkturell günstigen Phasen mit starken Beschäftigungszuwächsen. Danach aber steigt sie umso schneller wieder an....

According to calculations based on the Socio-Economic Panel (SOEP) study, the proportion of middle-income group in Germany fell by six percentage points from 1991 to 2013, taking it to 54 percent. Germany is not the only country to have experienced such a downturn, however. Analyses of the...

Die Gruppe der Bezieher eines mittleren Einkommens ist in Deutschland von 1991 bis 2013 um sechs Prozentpunkte auf 54 Prozent zurückgegangen. Das zeigen Berechnungen auf Basis des Sozio-oekonomischen Panels (SOEP). Damit steht Deutschland nicht allein, denn vergleichbare Analysen für die USA...