TY  - CHAP
CY  - UK
ID  - iiasa14106
UR  - https://pure.iiasa.ac.at/id/eprint/14106/
A1  - Arthur, W.B.
Y1  - 1983///
N2  - Current theories offer conflicting guidance on how demographic changes in the labour force affect earnings and advancement over the working career. Human capital theory, as reflected in Welch (1978) for example, would predict that larger age cohorts than normal would earn less throughout their careers.1 If, as human-capital theory assumes, earnings are based on productivity, then the increased competition for complementary inputs must lower productivity and hence salaries. Members of larger labour cohorts will therefore have lower age-earnings profiles.
PB  - Palgrave Macmillan
T3  - International Economic Association Series
SN  - 978-1-349-17203-0
TI  - Age and Earnings in the Labour Market: Implications of the 1980s Labour Bulge
SP  - 405
AV  - none
EP  - 419
T2  - Human Resources, Employment and Development Volume 2: Concepts, Measurement and Long-Run Perspective
ER  -