Brazil's Middle Classes - Neri, Marcelo Cortes

July/2019

Sobre o paper: 

ABSTRACT

This paper discusses the Brazilian middle class, its definition, evolution, profile, attitudes and durability. It describes the methodology that uses per capita household income derived from household surveys to determine economic classes. It gauges their respective aggregate trends and gauges individual income risks using longitudinal data. An income-based approach is only the beginning. This initial approach is integrated with subjective data to measure expectations and attitudes of different economic classes combined with a structural approach that takes into account the roles played by human, physical and social capital in the production factors, in terms of income generation and temporal allocation of resources. In all cases, income is the chosen numeraire by which all dimensions analyzed are projected. In the end of the article, all forms of measurement proposed – current income, consumption smoothing (permanent income), productive assets and subjective aspects – are combined to discuss the design of public policies aimed at the Brazilian middle classes.

REFERENCES
This paper was published in:

Site
NERI, Marcelo C. Brazil's Middle Classes. 2014. FGV EPGE-Ensaio Econômico n.759. Available online at: <http://hdl.handle.net/10438/12988

NERI, Marcelo C. Brazil's Middle Classes. 2019. FGV Social. Available online at: <https://cps.fgv.br/en/brazils-middle-classes-0