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A Poverty Dynamics Approach to Social Stratification: The South African Case

Simone SchotteRocco ZizzamiaMurray Leibbrandt

出版	2018
URL	http://books.google.com.hk/books?id=d0FGzQEACAAJ&hl=&source=gbs_api

註釋Abstract: The wave of upbeat stories on the developing world's emerging middle class has reinvigorated a debate on how social class in general and the middle class in particular ought to be defined and measured. In the economics literature, most scholars agree that being middle class entails being free from poverty, which means being able to afford the basic things in life - not only today, but also tomorrow. In consequence, there is an increasing tendency to define the middle class based on a lack of vulnerability to poverty. In this paper, we strengthen and expand on these existing approaches in three ways: First, we incorporate the differentiation between the middle class and a (non-poor) vulnerable group into a broader social-stratification schema that additionally differentiates between transient and chronic poverty. Second, in estimating the risk of poverty, we employ a multivariate regression model that explicitly allows for possible feedback effects from past poverty experiences and