Preview: Do Middle Classes Bring Institutional Reforms?

Do Middle Classes Bring Institutional Reforms?

The paper examines the link between poverty, the middle class and institutional outcomes using a new cross-country panel dataset on the distribution of income and expenditure. It uses an econometric methodology to gauge whether a larger middle clas...

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Bibliographic Details
Main Authors:	Loayza, Norman, Rigolini, Jamele, Llorente, Gonzalo
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	CAPITAL ACCUMULATION CAUSAL EFFECT CITIZENS CORRUPTION COUNTRY EFFECTS COUNTRY-SPECIFIC EFFECTS CREDIT MARKET CREDIT MARKET IMPERFECTIONS CROSS COUNTRY CROSS-COUNTRY INCOME CROSS-COUNTRY PANEL DATA QUALITY DATA SET DEMOCRACY DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT INDICATORS DEVELOPMENT POLICY DEVELOPMENT RESEARCH DISTRIBUTIVE POLITICS DOMESTIC MARKETS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICY ECONOMIC REVIEW ECONOMIC STRUCTURE ECONOMIC STUDIES ECONOMIC THEORY EMPIRICAL RESULTS EMPLOYMENT EQUATIONS ERROR TERM EXPLANATORY VARIABLE EXPLANATORY VARIABLES FINANCIAL SECTOR FIXED COSTS FUTURE RESEARCH GDP GDP PER CAPITA GINI COEFFICIENT GINI INDEX GLOBAL LEVEL GOVERNANCE QUALITY GROSS DOMESTIC PRODUCT GROSS DOMESTIC PRODUCT PER CAPITA GROWTH MODELS HIGH INCOME COUNTRIES HOUSEHOLD INCOME HOUSEHOLD SURVEYS HUMAN CAPITAL INCOME INCOME DATA INCOME DIFFERENCES INCOME DISTRIBUTION INCOME INEQUALITY INCOME LEVELS INCOME SOURCES INCOME STUDY INCOMES INDUSTRIALIZATION INEQUALITY INEQUALITY MEASURES INSTITUTIONAL REFORMS INTERNATIONAL TRADE LOW INCOME LOW INCOME COUNTRIES MACROECONOMICS MARKET-ORIENTED ECONOMY MEAN INCOME MEASURES OF POVERTY MIDDLE CLASS MIDDLE CLASS CONSENSUS MONETARY ECONOMICS OUTPUT PER CAPITA POLICY DISCUSSIONS POLICY OUTCOMES POLICY RESEARCH POLITICAL ECONOMY POLITICAL INSTABILITY POLITICAL LEGITIMACY POLITICAL PARTICIPATION POLITICAL SCIENCE POSITIVE IMPACT POVERTY HEADCOUNT POVERTY HEADCOUNT INDEX POVERTY THRESHOLD PROPERTY RIGHTS PUBLIC CHOICE PUBLIC ECONOMICS PUBLIC EXPENDITURES RELATIVE IMPORTANCE RELATIVE POSITION RICH COUNTRIES SERIES OBSERVATIONS SIGNIFICANT IMPACT SOCIAL CONFLICT SOCIAL MOBILITY SOCIAL OUTCOMES SOCIAL POLICIES SOCIAL POLICY UNEQUAL SOCIETIES WEALTH WORLD INCOME DISTRIBUTION
Online Access:	http://documents.worldbank.org/curated/en/2012/03/15975481/middle-classes-bring-institutional-reforms http://hdl.handle.net/10986/19866

Do Middle Classes Bring Institutional Reforms?

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