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Publications (5)
Blog
– Mobility and Vulnerability in Latin America and the Caribbean
Luis-Felipe Lopez-Calva [1] The concept of social class and specifically middle class, has been widely discussed in sociology and other social sciences, but mostly ignored in modern economics. In practice, the middle class has been defined in terms of income, consumption patterns, occupational...
Blog
Tony Addison This month saw the visit of Kaushik Basu, the World Bank’s new Chief Economist and Senior Vice President for Development Economics, to talk about the global crisis and the impact on emerging economies at a UNU-WIDER seminar. You can see a video interview with Kaushik here. Kaushik is an...
Working Paper
pdf
Using panel datasets from Mexico and Chile for the 2000s, we examine the determinants of middle-class intra-generational mobility. We define the middle class by means of a latent index of economic wellbeing that is less sensitive to short-term fluctuation and measurement error than standard measures...
Book Chapter
From the book:
The Role of Elites in Economic Development
Working Paper
pdf
An elite derives its status from its relationship to property, whether physical or human capital. While stable property rights are necessary for everyday business, unstable property rights that result in major institutional changes (such as land reform) may have a positive impact on economic...
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