The Role of Middle Class in Economic Development: What Do Cross-Country Data Show?

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The Role of Middle Class in Economic Development: What Do Cross-Country Data Show?

This paper investigates the channels through which the middle class may matter for consumption growth. Using several different middle-class measures and a panel of 105 developing countries spanning the period 1985–2013, we find that a larger middle class influences consumption growth primarily throu...

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Bibliographic Details
Main Authors:	Chun, Natalie, Hasan, Rana, Rahman, Muhammad Habibur, Ulubaşoğlu, Mehmet Ali
Format:	Journal Article
Language:	English
Published:	WILEY 2017
Subjects:	Social Sciences Development Studies Economics Business & Economics SOCIAL-MOBILITY WORLD
Online Access:	https://onlinelibrary.wiley.com/doi/abs/10.1111/rode.12265 http://hdl.handle.net/20.500.11937/80692

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