The Decline of the Middle Class: New Evidence for Europe

Autor:	Judith Derndorfer, Stefan Kranzinger
Rok vydání:	2021
Předmět:	Economics and Econometrics 507003 Geoinformatik 502046 Volkswirtschaftspolitik 507003 Geoinformatics 502046 Economic policy General Business Management and Accounting
Zdroj:	Journal of Economic Issues. 55:914-938
ISSN:	1946-326X 0021-3624
Popis:	This article examines how the middle class has fared in twenty-six European countries between 2004 and 2014 based on European Survey on Income and Living Conditions (EU-SILC) data. We define individuals living in households with a median equivalized disposable household income between 75% and 125% to be middle class. We find that the middle class has decreased in eighteen out of twenty-six countries, which is accompanied by an increase of income polarization. Income redistribution is most influential for explaining differences in the size of the middle class across European countries.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8f27da05e9f1fe8f6fedad7007425c0d https://doi.org/10.1080/00213624.2021.1982338 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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