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This paper evaluates the importance of middle class vulnerability to poverty for subjective well-being (happiness) in … well-being and national aggregates from the World Happiness Report, the vulnerability indicator used is shown to be … importance of income vulnerability for the middle class is on a par with (or even greater than) economic factors such as severe …
Persistent link: https://www.econbiz.de/10014301411
The wave of upbeat stories on the developing world's emerging middle class has reinvigorated a debate on how social class in general and the middle class in particular ought to be defined and empirically measured. With the aim of adding clarity to this debate, this dissertation provides a...
Persistent link: https://www.econbiz.de/10012153013
Between 2000 and 2013, Latin America has considerably reduced poverty (from 46.3% to 29.7% of the population). In this … paper, we use synthetic panels to show that, despite progress, the region remains characterized by substantial vulnerability …, and 14% of those in the middle-class, experience poverty at least once over a ten-year period. Furthermore, chronic …
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Between 2000 and 2013, Latin America has considerably reduced poverty (from 46.3 to 29.7 % of the population). In this … paper, we use synthetic panels to show that, despite progress, the region remains characterized by substantial vulnerability … 10, and 14 % of those in the middle class experience poverty at least once over a 10-year period. Furthermore, chronic …
Persistent link: https://www.econbiz.de/10011885651
vulnerable to falling into poverty. In both countries, labour market resources (education and occupational status of the head … substantially more vulnerable to falling into poverty and have little chance of advancing to upper classes. …
Persistent link: https://www.econbiz.de/10010319837
Using panel datasets from Mexico and Chile for the 2000s, we examine the determinants of middle-class intra-generational mobility. We define the middle class by means of a latent index of economic wellbeing that is less sensitive to short-term fluctuation
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