No Time to Be Young: The Economic Prospects for Large Cohorts in the United States

This paper concentrates on the economic experiences of the baby-boom cohorts. We first document their early career experience and demonstrate that indeed this was no time to be young. We then offer reasons why cohort size may be important and note which people, within a cohort, are most likely to be adversely affected. We estimate the magnitude of cohort size effects on earnings potential throughout the work career.

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Year of publication:	2004-03-03
Authors:	Smith, James P. ; Welch, Finis
Institutions:	EconWPA

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Extent:	application/pdf
Series:	Labor and Demography.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 13. Population and Development Review, Volume 7, Number 1, March 1981, pp. 71-84 13 pages
Classification:	J - Labor and Demographic Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005125793