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Open access
Datum
2019-12Typ
- Working Paper
ETH Bibliographie
yes
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Abstract
This paper studies the effects of globalisation on the income share of the middle class. Our findings suggest that globalisation, proxied by the KOF Economic Globalisation Index, reduces the income share of the middle class. The income share of the poorest 20% also drops due to globalisation, while that of the richest 20% increases. When we distinguish between de facto and de jure globalisation, we find that only de facto measures have statistically significant effects on income shares and inequality measures. Our results are robust for alternative definitions of the middle-class income share and hold for trade and financial globalisation. Mehr anzeigen
Persistenter Link
https://doi.org/10.3929/ethz-b-000383388Publikationsstatus
publishedZeitschrift / Serie
KOF Working PapersBand
Verlag
KOF Swiss Economic Institute, ETH ZurichThema
middle class; income inequality; globalisation; income sharesOrganisationseinheit
02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
03716 - Sturm, Jan-Egbert / Sturm, Jan-Egbert
ETH Bibliographie
yes
Altmetrics