Socio-economic levels

The paper describes the use and limitations of local socio-economic classifications in Latin America, most notably the inability to use these definitions for cross-country, regional and sub-regional comparisons.

Socio-Economic Levels

Differences vs. similarities

Jimena Urquijo and Roberto Lobl TGI Latina

Introduction

Latin American countries' local SES definitions are necessary because they reflect unique local concepts and market trends. The sharp differences in variables used to define the SES and the number of classification groups leads to a stratification that cannot be used when comparing or targeting different markets. This inability to compare countries topped with...

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