Measuring the middle class in Kazakhstan : a subjective approach / M. Grazia Pittau, Roberto Zelli
Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: World Bank E-Library Archive | Policy research working paper ; 8568Publisher: Washington, D.C. : World Bank Group, Poverty and Equity Global Practice, August 2018Description: 1 Online-Ressource (circa 28 Seiten) : IllustrationenSubject(s): Genre/Form: Additional physical formats: Erscheint auch als: Measuring the Middle Class in Kazakhstan: A Subjective Approach. Druck-Ausgabe Washington, D.C : The World Bank, 2018DOI: DOI: 10.1596/1813-9450-8568Online resources: Summary: This paper proposes a model-based approach to estimate income boundaries for identifying the middle class in Kazakhstan over 2003-15. The approach exploits the subjective evaluation of Kazakhstan households about their social status, relating self-declared social class membership to income. Income data come from the Kazakhstan Household Budget Survey, which also includes a specific module on quality of life and perceived social status. As social status is intrinsically an ordinal response, the paper estimates a proportional odds model with income as the key explanatory variable. Although other factors influence the self-perception of being in the middle class, income is by far the most important determinant. Benchmarking on 2013, the estimated middle class lower bound is USD 14 at 2011 purchasing power parity and the upper bound is USD 52. The Kazakhstan middle class has increased massively in size and income concentration. The increase is essentially due to a growth effect rather than a redistributive causePPN: PPN: 1040784453Package identifier: Produktsigel: ZDB-1-WBA | ZDB-110-WBONo physical items for this record
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