Arbeitspapier
The "forgotten" middle class: An analysis of the effects of globalisation
This paper studies the effects of globalisation on the income share of the middle class. Our findings suggest that globalisation, proxied by the KOF Economic Globalisation Index, reduces the income share of the middle class. The income share of the poorest 20% also drops due to globalisation, while that of the richest 20% increases. When we distinguish between de facto and de jure globalisation, we find that only de facto measures have statistically significant effects on income shares and inequality measures. Our results are robust for alternative definitions of the middle-class income share and hold for trade and financial globalisation.
- Language
-
Englisch
- Bibliographic citation
-
Series: KOF Working Papers ; No. 466
- Classification
-
Wirtschaft
Personal Income, Wealth, and Their Distributions
Economic Impacts of Globalization: Macroeconomic Impacts
Education and Inequality
Economic Development: Human Resources; Human Development; Income Distribution; Migration
- Subject
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middle class
income inequality
globalisation
income shares
- Event
-
Geistige Schöpfung
- (who)
-
Pleninger, Regina
de Haan, Jakob
Sturm, Jan-Egbert
- Event
-
Veröffentlichung
- (who)
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ETH Zurich, KOF Swiss Economic Institute
- (where)
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Zurich
- (when)
-
2019
- DOI
-
doi:10.3929/ethz-b-000383388
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Pleninger, Regina
- de Haan, Jakob
- Sturm, Jan-Egbert
- ETH Zurich, KOF Swiss Economic Institute
Time of origin
- 2019
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