The Definition Of The Middle Class Within The Framework Of The Economic Approach

 
PIIS020736760023991-9-1
DOI10.31857/S020736760023991-9
Publication type Article
Status Published
Authors
Affiliation: National Research University Higher School of Economics
Address: Russian Federation, Moscow
Journal nameObshchestvo i ekonomika
EditionIssue 1
Pages98-104
Abstract

Research devoted to the study of income stratification has been relevant for many years; in many countries, various measures of socio-economic policy are aimed not only at reducing poverty, but also at smoothing out inequality and increasing the size of the middle class. Therefore, it is important to define both the boundaries of poverty and the boundaries of the middle class – there are various approaches to this. As part of this paper, an overview of economic approaches using income distribution criteria is presented. The boundaries used by the supporters of the "absolute" and "relative" approaches are shown. The review is based on a detailed analysis of foreign and Russian sources and will be useful to researchers studying social groups, particularly the middle class.

Keywordsmiddle class; absolute approach; relative approach; boundaries of income groups; stratification scale
Received25.01.2023
Publication date26.01.2023
Number of characters12752
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