CitationBirdsall, Nancy; Graham, Carol; & Pettinato, Stefano (2000). Stuck in the tunnel: is globalization muddling the middle class?.
AbstractOur objective in this paper is to assess how middle-income groups are faring with the global turn to the market. We suggest some simple measures of the middle-the size and income shares of households around the median (75/125%)-and their income status relative to wealthier counterparts. Our results point to genuine distributional stress for middle-income households, as well as public perceptions of such stress.