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Defining and profiling the middle class

ISSN 2508-0865 (electronic) No. 2018-18 (December 2018). Defining and profiling the middle class Jose Ramon G. Albert, Angelo Gabrielle F. Santos, and Jana Flor V. Vizmanos The middle class is crucial in society. With better The middle class educational attainment and savings, middle - class Just as there is no universally accepted definition workers hold critical roles in higher value-added of poverty, there is also no internationally accepted sectors, particularly in services (Doepke and Zilibotti definition of the middle class (Joliffe and Prydz 2005, 2007). They are also willing to pay for better- 2016).

Defining and profiling the middle class The middle class is crucial in society. With better educational attainment and savings, middle-class workers hold critical roles in higher value-added ... use a relative sense, such as thresholds based on the average income (Albert et al. 2015).

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