Jason Furman, Friday, February 20, 2015 - 00:00
Michael Boehm, Saturday, February 8, 2014 - 00:00
Employment in traditional middle-class jobs has fallen sharply over the last few decades. At the same time, middle-class wages have been stagnant. This column reviews recent research on job polarisation and presents a new study that explicitly links job polarisation with the changes in workers' wages. Job polarisation has a substantial negative effect on middle-skill workers.
Shimelse Ali, Uri Dadush, Saturday, June 2, 2012 - 00:00
According to the broadest measure, anyone who is not poor is part of the middle class – that could mean that anyone living on more than $2 a day. This column suggests a more sensible measure: anyone who owns a car. Based on this measure, the global middle class looks quite different.