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The Middle Class Consensus and Economic Development
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A higher share of income for the middle class and lower ethnic polarization are empirically associated with higher income, higher growth, more education, better
The Middle Class Consensus and Economic Development
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A higher share of income for the middle class and lower ethnic polarization are empirically associated with higher income, higher growth, more education, better
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We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with interge
The American Middle Class
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The middle class is often viewed as the heart of American society, the key to the country’s democracy and prosperity. Most Americans believe they belong to th
China's Emerging Middle Class
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Decades ago, there was no distinct middle class in the People's Republic of China. Any meaningful discussion of China's economy, politics, or society must take