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Stuck in the Tunnel: Is Globalization Muddling the Middle Class?

Author

Listed:
  • Birdsall, N.
  • Graham, C.
  • Pettinato, S.

Abstract

Our 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.

Suggested Citation

  • Birdsall, N. & Graham, C. & Pettinato, S., 2000. "Stuck in the Tunnel: Is Globalization Muddling the Middle Class?," Papers 14, Brookings Institution - Working Papers.
    • Handle: RePEc:fth:brooki:14
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    References listed on IDEAS

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    More about this item

    Keywords

    INCOME ; MIDDLE CLASS ; GLOBALIZATION;
    All these keywords.

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • H80 - Public Economics - - Miscellaneous Issues - - - General

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