Borraz, Fernando; Pampillón, Nicolás Gonzalez; Rossi, … - Departamento de Economía, Facultad de Ciencias Sociales - 2011
There is an increasing literature that discusses how to measure the middle class. Some approaches are based on an arbitrary deÖnition such as income quartiles or the poverty line. Recently, Foster and Wolfson developed a methodology which lacks of arbitrariness that enables us to compare the...