Abstract

This chapter discusses the new Brazilian middle class, its definition, evolution, profile, attitudes and durability.2 It describes the methodology used to determine economic classes and reveals that 42 million Brazilians joined the middle class since 2003 due to a combination of economic growth and increased equity. It forecasts different economic classes’ paths and calculates individual income risks from longitudinal data.KeywordsGross Domestic ProductIncome InequalityMiddle ClassIncome DistributionQuantile RegressionThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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