Kitov, Ivan O. - Society for the Study of Economic Inequality - ECINEQ - 2006
of the duration of the period of mean income growth with work experience, Tcr. The current value of Tcr in the USA is 40 … specific age (9 years in the USA), (1/2)*dN9(t) /N9(t), where N9(t) is the number of 9-year-olds at time t. The Tcr grows as … people of the specific age. Predictions for the USA, the UK, and France are presented and discussed. A similar relationship …