What is it about?
Classical literature takes cross‐sectional age‐earnings profile to describe how earnings evolve over the lifecycle. Using a cohort analysis, I show that cohort effects largely explain the decline observed at older ages using a rotating panel data for France and a longitudinal panel data for Great Britain for the period 1991–2007.
Featured Image
Photo by Alexander Mils on Unsplash
Why is it important?
I find no clear evidence that earnings decline at older age using a cohort analysis. Earnings increase until old age and then flatten out. The decline observed at cross sectional analysis seems to be caused in large part by cohort effects.
Read the Original
This page is a summary of: Can Cohort Effects Explain the Decline of Earnings for Older Workers? Evidence from France and Great Britain, Labour, April 2019, Wiley,
DOI: 10.1111/labr.12149.
You can read the full text:
Contributors
The following have contributed to this page
