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Erschienen in:
2015 | OriginalPaper | Buchkapitel
Feeling Middle Class and Being Middle Class: What Do Subjective Perceptions Tell Us?
verfasst von : Eduardo Lora, Johanna Fajardo-González
Erschienen in: Latin America’s Emerging Middle Classes
Verlag: Palgrave Macmillan UK
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Economic definitions of middle class often rely on arbitrary boundaries defined by measures of central tendency, quantiles of the distribution or absolute thresholds based on a measurable characteristic, such as income or consumption.1 In practice, there is little agreement on what and how big the middle class is (the variety of approaches undertaken by the contributors to this volume bears out this assertion). Likewise, most economists often ignore that membership in a given class is also driven by social status, the relative individual situation in a social hierarchy affected by life opportunities, lifestyles and a diversity of attitudes.