The new middle class: the right side of the poor

Abstract

The study describes the recent evolution of income distribution, poverty with a special focus on the so called new middle class, its financial possibilities, access to consumer goods, assets and aspirations. It extends and translates our recent research on the topic, discussing the sustainability . It processed microdata from household surveys such as PNAD 2009 and PME up to July 2010. The results are quite surprising. The best moment in terms of income based social indicators is right now. The research’s website www.fgv.br/cps/nmc offers an interactive data set with a vast array of data which allow you to explore how, where, when and why income distribution is changing in the country. See the research in http://cps.fgv.br/en/research/new-middle-class-bright-side-poor