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 Research Projects at the MPIfG

How Do the Middle Classes Cope with Monetary Instability?

Guadalupe Moreno


 
Economic crises and sustained monetary instability have critical effects on individual economic well-being. However, stratification studies have not paid enough attention to how actors’ economic decisions in unstable conditions (as opposed to stable conditions) influence the production and reproduction of inequality. Drawing on economic and cultural sociology, this study examines and compares the economic strategies used by individuals from the middle and upper middle classes to preserve and increase their wealth in situations of monetary instability. In doing so, it takes into account the actions of dominant and subordinate market actors and the role played by institutions and cultural processes. The research draws on both quantitative and qualitative data and focuses on the case of Argentina from 2008 to the present. Project duration: October 2016 to March 2020.
 

 
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