The Economic Basis of Social Class

John H Goldthorpe and Abigail McKnight

CASE Papers from Centre for Analysis of Social Exclusion, LSE

Abstract: In this paper we adopt a theory of class positions based on employment relations to assess what implications individuals¿ class positions have for their economic life. In particular we consider economic security (the risk of unemployment), economic stability (the variability component in earnings) and economic prospects (lifetime earnings profiles). Our findings provide empirical support for the theory itself and little evidence for the currently fashionable claims of the decline, or even death, of class in today¿s society.

Keywords: social class; relations and conditions of employment; lifetime earnings; employment stability; employment security (search for similar items in EconPapers)
JEL-codes: J31 J33 J21 (search for similar items in EconPapers)
Date: 2004-02
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Persistent link: http://EconPapers.repec.org/RePEc:cep:sticas:080

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