The Effect of Cohort Composition on Human Capital Accumulation across Generations
AbstractThis article develops analytic links between cohort composition and human capital accumulation across generations. By focusing on cohort composition rather than cohort size, it offers new links between demographic change and economic outcomes. The model shows that changes in the educational attainment of parents and changes in relative fertility rates between educational classes affect human capital accumulation of the next generation. The main prediction of the model, of a negative behavioral feedback, is shown to be consistent with data on the probability of attending college for men born between 1927 and 1962. Copyright 1995 by University of Chicago Press.
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Bibliographic InfoArticle provided by University of Chicago Press in its journal Journal of Labor Economics.
Volume (Year): 13 (1995)
Issue (Month): 1 (January)
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Web page: http://www.journals.uchicago.edu/JOLE/
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- Michael Fertig & Christoph M. Schmidt & Mathias G. Sinning, 2009.
"The Impact of Demographic Change on Human Capital Accumulation,"
CEPR Discussion Papers
608, Centre for Economic Policy Research, Research School of Economics, Australian National University.
- Fertig, Michael & Schmidt, Christoph M. & Sinning, Mathias G., 2009. "The impact of demographic change on human capital accumulation," Labour Economics, Elsevier, vol. 16(6), pages 659-668, December.
- Fertig, Michael & Schmidt, Christoph M. & Sinning, Mathias, 2009. "The Impact of Demographic Change on Human Capital Accumulation," IZA Discussion Papers 4180, Institute for the Study of Labor (IZA).
- Christoph M. Schmidt & Michael Fertig & Mathias G. Sinning, 2009. "The Impact of Demographic Change on Human Capital Accumulation," Ruhr Economic Papers 0107, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- Lopez-Valcarcel, Beatriz Gonzalez & Quintana, Delia Davila, 1998. "Economic and Cultural Impediments to University Education in Spain," Economics of Education Review, Elsevier, vol. 17(1), pages 93-103, February.
- Torge Middendorf, 2007. "The Impact of Cohort Size and Local Labor Market Conditions on Human Capital Accumulation in Europe," Ruhr Economic Papers 0010, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- Margarita Sapozhnikov & Robert K. Triest, 2007.
"Population Aging, Labor Demand, and the Structure of Wages,"
Working Papers, Center for Retirement Research at Boston College
wp2007-14, Center for Retirement Research, revised Oct 2007.
- Margarita Sapozhnikov & Robert K. Triest, 2007. "Population aging, labor demand, and the structure of wages," Working Papers 07-8, Federal Reserve Bank of Boston.
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