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The match between perception and reality can depend on many different elements across societies over time, but subjective and objective dimensions are both relevant particularly in social class analysis. The aim of this paper is to investigate perceived social position and income inequality in...
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The standard assumption in growth accounting is that an hour worked by a worker of given type delivers a constant quantity of labor services over time. This assumption may be violated due to vintage effects, which were shown to be important in the United States since the early 1980s, leading to...
Persistent link: https://www.econbiz.de/10011687341
This paper examines the state of the middle classes in the U.S. and 11 countries in Western Europe and how it has … changed since 1991. Among Western Europe’s six largest economies, the shares of adults living in middle-income households …
Persistent link: https://www.econbiz.de/10011687799
The problem of statistical inference has long been associated with quantitative inequality research. Within the last five years, however, significant developments have occurred in both the theory and practice of conducting formal statistical inference with common measures of inequality such as...
Persistent link: https://www.econbiz.de/10010259925
We assemble data from several different sources to examine the cross-national effects of inequality and trust on social expenditures. We find that the inequality between the middle classes and the poor (as measured by the 50/10 percentile ratio) has a small, positive impact in social spending;...
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