In this paper we examine earnings of synthetic cohorts contained in the Current Population Surveys (CPS) for each year 1968 to 1975. The CPS data are useful to test for the importance of local labor markets because individuals can be assigned to markets by calendar year and area of residence. We...

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...

This paper uses some unique data derived from the Panel Survey of Income Dynamics that has followed groups of siblings and their parents for as long as thirty years. Throughout that period, information on education, income, wealth, and health were collected mostly prospectively on all parties....

This paper deals with a number of issues about immigrants to the United States and their education. In part reflecting the reasons why they come in America, immigrants are more highly represented in both the lowest and highest rungs of the education ladder. On average immigrants have less...