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vol.50 número2INCOME AND WEALTH DISTRIBUTION WITH PHYSICAL AND HUMAN CAPITAL ACCUMULATION: EXTENDING THE UZAWA-LUCAS MODEL TO A HETEROGENEOUS HOUSEHOLDS ECONOMY índice de autoresíndice de assuntospesquisa de artigos
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Latin american journal of economics

versão On-line ISSN 0719-0433

Resumo

BORRAZ, FERNANDO; GONZALEZ, NICOLÁS  e  ROSSI, MÁXIMO. POLARIZATION AND THE MIDDLE CLASS IN URUGUAY. Lat. Am. J. Econ. [online]. 2013, vol.50, n.2, pp.289-326. ISSN 0719-0433.

Some approaches to measuring the middle class are based on an arbitrary definition such as income quartiles or the poverty line. Foster and Wolfson have recently developed a methodology without arbitrariness. We apply this tool and a complementary method-the relative distribution approach-to analyze the evolution of the middle class and polarization in Uruguay during the 1994-2004 and 2004-2010 periods. During the first period, characterized by increasing income inequality, the middle class declines and income polarization increases. In the second period, which includes the recovery from the 2002 downturn, we find that the middle class increases and polarization decreases.

Palavras-chave : income polarization; bipolarization; middle class; inequality; social policies.

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