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

James P. Smith () and Finis Welch
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Finis Welch: Welch & Associates

Labor and Demography from EconWPA

Abstract: 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.

JEL-codes: J (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ltv
Date: 2004-03-03
Note: Type of Document - pdf; pages: 13. Population and Development Review, Volume 7, Number 1, March 1981, pp. 71-84
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpla:0403005

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