The rise of the middle class in Ecuador during the oil boom

In this paper we analyse the evolution of the middle class in Ecuador during the commodities boom (2005-2015). Using the definition of middle class proposed by López-Calva and Ortiz-Juarez (2014), we document an impressive rise of the middle class, which doubled in this period and peaked at 37.4% of...

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Autores:
Gachet, Iván
Grijalva, Diego
Ponce, Paúl
Rodríguez, Damián
Tipo de recurso:
Article of journal
Fecha de publicación:
2017
Institución:
Universidad Nacional de Colombia
Repositorio:
Universidad Nacional de Colombia
Idioma:
spa
OAI Identifier:
oai:repositorio.unal.edu.co:unal/62540
Acceso en línea:
https://repositorio.unal.edu.co/handle/unal/62540
http://bdigital.unal.edu.co/61699/
Palabra clave:
33 Economía / Economics
Ecuador
middle class
inequality
commodities boom.
Rights
openAccess
License
Atribución-NoComercial 4.0 Internacional
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spelling Atribución-NoComercial 4.0 InternacionalDerechos reservados - Universidad Nacional de Colombiahttp://creativecommons.org/licenses/by-nc/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Gachet, Iván76f7bd22-fad9-4dcc-bc2e-63763c982852300Grijalva, Diego0dc6ec2c-bed0-4db8-8cea-01613d542928300Ponce, Paúlf1bf41d1-a33b-4b19-aa80-656b38b3d14b300Rodríguez, Damián0c0271c8-fa55-4c7c-9e82-874b3db6f0f93002019-07-02T21:03:46Z2019-07-02T21:03:46Z2017-10-04ISSN: 2248-4337https://repositorio.unal.edu.co/handle/unal/62540http://bdigital.unal.edu.co/61699/In this paper we analyse the evolution of the middle class in Ecuador during the commodities boom (2005-2015). Using the definition of middle class proposed by López-Calva and Ortiz-Juarez (2014), we document an impressive rise of the middle class, which doubled in this period and peaked at 37.4% of the population in 2015. A factor that has played an important role in this social change is the reduction in inequality although growth is responsible for over three-quarters of the rise of the middle class. Based on an analysis of the macroeconomic and labour conditionsassociated with the evolution of the middle class, we argue that the recent slowdown in growth and reduction in inequality following the end of the commodities boom poses a risk for the size of the middle class. This is a serious challenge for policy makers.application/pdfspaUniversidad Nacional de Colombia - Sede Bogotá - Facultad de Ciencias Económicas - Escuela de Economíahttps://revistas.unal.edu.co/index.php/ceconomia/article/view/65821Universidad Nacional de Colombia Revistas electrónicas UN Cuadernos de EconomíaCuadernos de EconomíaGachet, Iván and Grijalva, Diego and Ponce, Paúl and Rodríguez, Damián (2017) The rise of the middle class in Ecuador during the oil boom. Cuadernos de Economía, 36 (72). pp. 327-352. ISSN 2248-433733 Economía / EconomicsEcuadormiddle classinequalitycommodities boom.The rise of the middle class in Ecuador during the oil boomArtículo de revistainfo:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1http://purl.org/coar/version/c_970fb48d4fbd8a85Texthttp://purl.org/redcol/resource_type/ARTORIGINAL65821-353817-1-PB.pdfapplication/pdf443405https://repositorio.unal.edu.co/bitstream/unal/62540/1/65821-353817-1-PB.pdff72d780bb50966e58649b7a584245048MD51THUMBNAIL65821-353817-1-PB.pdf.jpg65821-353817-1-PB.pdf.jpgGenerated Thumbnailimage/jpeg4430https://repositorio.unal.edu.co/bitstream/unal/62540/2/65821-353817-1-PB.pdf.jpg9930ef6ab425d481272c71fc9ecf1b4eMD52unal/62540oai:repositorio.unal.edu.co:unal/625402023-04-17 23:05:02.977Repositorio Institucional Universidad Nacional de Colombiarepositorio_nal@unal.edu.co
dc.title.spa.fl_str_mv The rise of the middle class in Ecuador during the oil boom
title The rise of the middle class in Ecuador during the oil boom
spellingShingle The rise of the middle class in Ecuador during the oil boom
33 Economía / Economics
Ecuador
middle class
inequality
commodities boom.
title_short The rise of the middle class in Ecuador during the oil boom
title_full The rise of the middle class in Ecuador during the oil boom
title_fullStr The rise of the middle class in Ecuador during the oil boom
title_full_unstemmed The rise of the middle class in Ecuador during the oil boom
title_sort The rise of the middle class in Ecuador during the oil boom
dc.creator.fl_str_mv Gachet, Iván
Grijalva, Diego
Ponce, Paúl
Rodríguez, Damián
dc.contributor.author.spa.fl_str_mv Gachet, Iván
Grijalva, Diego
Ponce, Paúl
Rodríguez, Damián
dc.subject.ddc.spa.fl_str_mv 33 Economía / Economics
topic 33 Economía / Economics
Ecuador
middle class
inequality
commodities boom.
dc.subject.proposal.spa.fl_str_mv Ecuador
middle class
inequality
commodities boom.
description In this paper we analyse the evolution of the middle class in Ecuador during the commodities boom (2005-2015). Using the definition of middle class proposed by López-Calva and Ortiz-Juarez (2014), we document an impressive rise of the middle class, which doubled in this period and peaked at 37.4% of the population in 2015. A factor that has played an important role in this social change is the reduction in inequality although growth is responsible for over three-quarters of the rise of the middle class. Based on an analysis of the macroeconomic and labour conditionsassociated with the evolution of the middle class, we argue that the recent slowdown in growth and reduction in inequality following the end of the commodities boom poses a risk for the size of the middle class. This is a serious challenge for policy makers.
publishDate 2017
dc.date.issued.spa.fl_str_mv 2017-10-04
dc.date.accessioned.spa.fl_str_mv 2019-07-02T21:03:46Z
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dc.relation.ispartof.spa.fl_str_mv Universidad Nacional de Colombia Revistas electrónicas UN Cuadernos de Economía
Cuadernos de Economía
dc.relation.references.spa.fl_str_mv Gachet, Iván and Grijalva, Diego and Ponce, Paúl and Rodríguez, Damián (2017) The rise of the middle class in Ecuador during the oil boom. Cuadernos de Economía, 36 (72). pp. 327-352. ISSN 2248-4337
dc.rights.spa.fl_str_mv Derechos reservados - Universidad Nacional de Colombia
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Derechos reservados - Universidad Nacional de Colombia
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institution Universidad Nacional de Colombia
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