Quotation Derndorfer, Judith, Kranzinger, Stefan. 2021. The Decline of the Middle Class: New Evidence for Europe. Journal of Economic Issues (JEI). 55 (4)


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Abstract

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.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of Economic Issues (JEI)
Citation Index SSCI
WU Journalrating 2009 A
Language English
Title The Decline of the Middle Class: New Evidence for Europe
Volume 55
Number 4
Year 2021
Reviewed? Y
DOI https://doi.org/10.1080/00213624.2021.1982338
Open Access Y
Open Access Link https://www.tandfonline.com/doi/full/10.1080/00213624.2021.1982338

Associations

People
Derndorfer, Judith (Details)
Kranzinger, Stefan (Details)
Organization
Department of Economics (Crespo Cuaresma) (Details)
Research areas (Ă–STAT Classification 'Statistik Austria')
1810 Geographic Information Systems (GIS) (Details)
5334 Political economic policy (Details)
5341 Economic policy (Details)
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