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• W2971639757 abstract "Economic mobility, especially through expansion of the middle class, will dominate the future of Indonesia’s development agenda. Based on data from five waves of the Indonesia Family Life Survey (IFLS), we found that (1) poverty decreased significantly between 1993 and 2014, from 86.1% to 20.2%, while the middle class grew by almost nine times; (2) 34.4% of the poor moved into the middle class, but 11.9% were still categorised as chronically poor; (3) 42.3% of the middle class did not move into the upper class; (4) the middle and upper classes are vulnerable and easily fall into the lower classes. Our econometric estimations confirm that the drivers of economic mobility are educational attainment, formal employment, water and electricity supply, land ownership, and health investment. These findings suggest that investment in human and physical capital are the two main strategies to expand the middle class." @default.
• W2971639757 created "2019-09-12" @default.
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• W2971639757 date "2020-05-03" @default.
• W2971639757 modified "2023-09-26" @default.
• W2971639757 title "Intragenerational Economic Mobility in Indonesia: A Transition from Poverty to the Middle Class in 1993–2014" @default.
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• W2971639757 doi "https://doi.org/10.1080/00074918.2019.1657795" @default.
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