A multidimensional approach to measuring the middle class

María Edo, Walter Sosa Escudero () and Marcela Svarc ()
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Marcela Svarc: Universidad de San Andrés

The Journal of Economic Inequality, 2021, vol. 19, issue 1, No 8, 139-162

Abstract: Abstract Middle class studies have gained relevance in the economic literature. Nevertheless, a profound lack of agreement on conceptual and methodological issues for its identification remains. Furthermore, it has mostly relied on only one dimension: income. In this paper we present a new multidimensional approach for identifying the middle class based on multivariate quantiles. Moreover, this approach allows for a more general assessment of welfare given that it allows for identifying other groups -the poor and the upper class- overcoming existing strategies. We provide an empirical application for the case of Argentina in the 2004-2014 period.

Keywords: Argentina; Distribution; Welfare; Feature extraction; Multivariate quantiles (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/s10888-020-09464-5

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