How the Great Recession changed class inequality
Evidence from 23 European countries
Bibliographic Data
| ID | 10941196 |
|---|---|
| Authors | Jad Moawad (0000-0002-5682-1065, FORS – Swiss Centre of Expertise in the Social Sciences, corresponding author) |
| Year | 2023 |
| Volume | 113 |
| Pages | 102829 |
| Publication date | 2023-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Social Science Research (JOURNAL) |
| Journal identifiers | ISSN: 0049-089X • E-ISSN: 1096-0317 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.ssresearch.2022.102829 |
| PMID | 37230715 |
| OpenAlex | W4309288406 |
| Language | EN |
| Citations received | 3 |
| References cited | 31 |
The question of whether economic recessions increase or decrease the earnings gap between the working and upper-middle class is debated. We study this issue and examine the Great Recession period using two different analytical strategies: three-level multilevel models and multivariate analysis over time. Based on EU Statistics on Income and Living Conditions (EU-SILC) data in 23 countries from 2004 to 2017, our results under both analytical strategies provide robust evidence that, by and large, the Great Recession widened the earnings gap between the working and upper-middle class. The effect magnitude is sizable; an increase of 5 percentage points in the unemployment rate is associated with an increase in the class earnings gap of approximately 0.10 log points
Demographic economics · Earnings · Econometrics · Economics · Eu countries · European union · Great recession · Inequality · International economics · Labour economics · Macroeconomics · Recession · Unemployment · Employment and Welfare Studies · Intergenerational and Educational Inequality Studies · Mathematics · Regional resilience and development
The Great Leveler
Capital in the Twenty-First Century
Do Recessions Accelerate Routine-Biased Technological Change? Evidence from Vacancy Postings
The constant flux
Technical Change, Inequality, and the Labor Market
Mobility and Inequality
Approaches to Class Analysis
Job Polarization and Jobless Recoveries
Income Stratification among Occupational Classes in the United States
Cumulative Advantage as a Mechanism for Inequality
Labour market prospects of young adults in Europe
The Great Recession and the changing distribution of economic vulnerability by social class
The relation between social class and economic inequality
The Welfare Approach to Measuring Inequality
The Nature of Countercyclical Income Risk
Why You Should Always Include a Random Slope for the Lower-Level Variable Involved in a Cross-Level Interaction
Social Class, Work-Related Incomes, and Socio-Economic Polarization in Europe, 2005–2014
Understanding varieties of populism in times of crises
Measures of Inequality
Retrospectives
Distributional Effects of the Great Recession
Explaining the OECD Wage Slowdown Recession or Labour Decline
The Random Effects in Multilevel Models
Multilevel Modelling of Country Effects
Analysing Social Inequality
Social Class and Income Inequality in the United States
| Unique citing works | 3 |
|---|---|
| Citations per year | 3 |
| Citation span | 2025 - 2025 (1) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |