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Publications (3)
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...
Working Paper
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– a Subjective Well-Being Approach
A subjective well-being approach is followed to assess the magnitude of inefficiency in the use of income. The information comes from a Mexican survey and an X-inefficiency technique is used. The paper shows that there exists substantial inefficiency in the use of income at all income levels, even...
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...
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