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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- Fertig, Michael & Schmidt, Christoph M. & Sinning, Mathias G., 2009.
"The impact of demographic change on human capital accumulation,"
Elsevier, vol. 16(6), pages 659-668, December.
- 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.
- 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.
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- 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.
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