Middle Class Fortunes in Western Europe
From 1991 to 2010, the middle class expands in France, the Netherlands and the United Kingdom, but, as in the United States, shrinks in Germany, Italy and Spain
The fortunes of the middle classes in Western Europe’s largest economies are moving in opposite directions. From 1991 to 2010, the shares of adults living in middle-income households increased in France, the Netherlands and the United Kingdom, but shrank in Germany, Italy and Spain.1
The divergent trajectories are linked to differences in how the incomes of households overall in these countries have evolved. France, the Netherlands and the UK experienced notable growth in disposable (after-tax) household income from 1991 to 2010.… Seguir leyendo »