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Caught in the Middle: Some in Canada's Middle Class Are Doing Well; Others Have Good Reason to Worry
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This paper discusses how complex is the seemingly simple task of identifying the middle class and determining whether its condition is improving or deteriorating. This is because many variables determine middle-class status, ranging from income and wealth to consumption, with often contradictory results. This is not how the public debate is framed. Nor are all segments of the middle class trending in the same direction, which is hardly surprising given the wide range of people it covers.
Author: Munir A. Sheikh, Philip Cross
Topic: Financial well-being
Publisher: University of Calgary
Location: Canada
Format: Academic paper
Content Type: Research
Publication Date: March 31, 2015