Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/235080 
Year of Publication: 
2019
Series/Report no.: 
KOF Working Papers No. 466
Publisher: 
ETH Zurich, KOF Swiss Economic Institute, Zurich
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.
Subjects: 
middle class
income inequality
globalisation
income shares
JEL: 
D31
F62
I24
O15
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
1.54 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.