Endnote export
%T The Decline of the Middle Class: New Evidence for Europe %A Derndorfer, Judith %A Kranzinger, Stefan %J Journal of Economic Issues %N 4 %P 914-938 %V 55 %D 2021 %K middle class; EU-SILC; income inequality %@ 1946-326X %~ FDB %> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-89472-0 %X This article examines how the middle class has fared in twenty-six European countries between 2004 and 2014 based on European Survey on Income and Living Conditions (EU-SILC) data. We define individuals living in households with a median equivalized disposable household income between 75% and 125% to be middle class. We find that the middle class has decreased in eighteen out of twenty-six countries, which is accompanied by an increase of income polarization. Income redistribution is most influential for explaining differences in the size of the middle class across European countries. %C GBR %G en %9 Zeitschriftenartikel %W GESIS - http://www.gesis.org %~ SSOAR - http://www.ssoar.info