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Economic Stress and the Great Recession in Ireland: The Erosion of Social Class Disadvantage
Whelan, Christopher T.; Nolan, Brian; Maitre, Bertrand
In this paper we address the issue of whether the Great Recession in Ireland led to increased social class polarisation in the experience of economic stress. Rather than observing polarisation, we find evidence for ‘middle class squeeze’ involving the self-employed and a significant erosion of the advantages associated with the higher social classes. These outcomes derived primarily from a weakening of the degree of association between social class and income class and a reduction of the buffering effect of social class within the lower income classes. By 2012 social class had no impact on economic stress net of income class.
Keyword(s): Great Recession; Ireland; Middle class squeeze; Self-employed; Economic stress
Publication Date:
2019
Type: Journal article
Peer-Reviewed: Unknown
Language(s): English
Institution: University College Dublin
Publisher(s): Economic and Social Studies
First Indexed: 2019-05-11 06:31:44 Last Updated: 2019-05-11 06:31:44