Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125786
Authors: 
Jayadev, Arjun
Lahoti, Rahul
Reddy, Sanjay
Year of Publication: 
2015
Series/Report no.: 
Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 193
Abstract: 
Interest in the emergence of a global middle class has resulted in a number of attempts to identify and enumerate who belongs to it . Current research provides wildly different estimates about the size and evolution of the global middle class because of a lack of consensus on appropriate identification criteria for a person to be deemed to be middle class. We identify three competing and often conflated understandings in the literature on the subject. We further argue that for at least two of these understandings, the literature has been using inappropriate thresholds for identification. Using data from the Global Consumption and Income Project, we provide estimates of the size, composition and evolution of the global middle class for three competing understandings and contrast these to existing estimates.
JEL: 
D30
D31
D60
D63
E21
O50
O10
Document Type: 
Working Paper

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