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

RIS

@ARTICLE{Derndorfer2021,
title = {The Decline of the Middle Class: New Evidence for Europe},
author = {Judith Derndorfer and Stefan Kranzinger},
year = {2021},
doi = {https://doi.org/10.1080/00213624.2021.1982338},
volume = {55},
number = {4},
language = {EN},
journal = {Journal of Economic Issues (JEI)},
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.},
}