New Measures of Economic Insecurity Reveal its Expansion Into EU Middle Classes and Welfare States

Details

Ressource 1Request a copy Sous embargo indéterminé.
State: Public
Version: Final published version
License: CC BY 4.0
Serval ID
serval:BIB_4A4BD78B9B48
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
New Measures of Economic Insecurity Reveal its Expansion Into EU Middle Classes and Welfare States
Journal
Social Indicators Research
Author(s)
Ranci Costanzo, Beckfield Jason, Bernardi Laura, Parma Andrea
ISSN
0303-8300
1573-0921
Publication state
Published
Issued date
20/05/2021
Peer-reviewed
Oui
Language
english
Abstract
Economic instability, social changes, and new social policies place economic insecurity high on the scholarly and political agenda. We contribute to these debates by proposing a new multidimensional, inter-temporal measure of economic insecurity that accounts for both its multiplicity and its dynamism. First, we develop three theory-driven, multidimensional measures of economic insecurity. Principal Components Analysis validates the measure. Second, we develop a dynamic approach to insecurity, using longitudinal data and a newly revised headcount method. Third, we then use our new measures to analyze the distribution of insecurity in Europe. Our analysis shows that insecurity is widespread across Europe, even in low-inequality, encompassing welfare states. Moreover, it extends across income groups and occupational classes, reaching into the middle classes.
Open Access
Yes
Create date
24/05/2021 11:31
Last modification date
18/06/2021 6:36
Usage data