eprintid: 14106
rev_number: 6
eprint_status: archive
userid: 5
dir: disk0/00/01/41/06
datestamp: 2016-12-07 14:34:10
lastmod: 2021-08-27 17:41:42
status_changed: 2016-12-07 14:34:10
type: book_section
metadata_visibility: show
item_issues_count: 1
creators_name: Arthur, W.B.
creators_id: 518
title: Age and Earnings in the Labour Market: Implications of the 1980s Labour Bulge
ispublished: pub
divisions: prog_sds
abstract: 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.
date: 1983
date_type: published
publisher: Palgrave Macmillan
id_number: 10.1007/978-1-349-17203-0_21
creators_browse_id: 1694
full_text_status: none
series: International Economic Association Series
place_of_pub: UK
pagerange: 405-419
refereed: TRUE
isbn: 978-1-349-17203-0
book_title: Human Resources, Employment and Development Volume 2: Concepts, Measurement and Long-Run Perspective
coversheets_dirty: FALSE
fp7_type: info:eu-repo/semantics/bookPart
citation:   Arthur, W.B. <https://pure.iiasa.ac.at/view/iiasa/1694.html>  (1983).  Age and Earnings in the Labour Market: Implications of the 1980s Labour Bulge.    In:  Human Resources, Employment and Development Volume 2: Concepts, Measurement and Long-Run Perspective.  pp. 405-419 UK: Palgrave Macmillan.  ISBN 978-1-349-17203-0 10.1007/978-1-349-17203-0_21 <https://doi.org/10.1007/978-1-349-17203-0_21>.