Stuck in the Tunnel: Is Globalization Muddling the Middle Class?
AbstractOur objective in this paper is to assess how middle-income groups are faring with the global turn to the market. We suggest some simple measures of the middle-the size and income shares of households around the median (75/125%)-and their income status relative to wealthier counterparts. Our results point to genuine distributional stress for middle-income households, as well as public perceptions of such stress.
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Bibliographic InfoPaper provided by Brookings Institution - Working Papers in its series Papers with number 14.
Length: 36 pages
Date of creation: 2000
Date of revision:
INCOME ; MIDDLE CLASS ; GLOBALIZATION;
Find related papers by JEL classification:
- D30 - Microeconomics - - Distribution - - - General
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- H80 - Public Economics - - Miscellaneous Issues - - - General
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