The economic basis of social class

John H. Goldthorpe and Abigail McKnight

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

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: J21 J31 J33 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2004-02
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21)

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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:6312

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