The cohort size-wage relationship in Europe
The demographic and education composition of European countries is changing: the population share of young individuals is declining while that of the highly educated is rising. This paper estimates the impact of cohort size on wages using data on 21 European countries covering 2007-2010 to cast light on the economic consequences of changes in the profile of the labour force. The effect of cohort size on wages is identified through an instrumental variables strategy which, in contrast to previous analyses of European data, addresses self-selection into geographical areas as well as into educational groups. The results support the hypothesis that cohort size has a negative effect on male wages, particularly for the highly educated. However, these negative cohort size effects are not persistent.
|Date of creation:||2013|
|Date of revision:|
|Publication status:||Forthcoming in|
|Contact details of provider:|| Postal: |
Web page: http://www.uni-marburg.de/fb02/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dahlberg, Susanne & Nahum, Ruth-Aïda, 2003.
"Cohort Effects on Earnings Profiles: Evidence from Sweden,"
2003:3, Institute for Futures Studies.
- Dahlberg, Susanne & Nahum, Ruth-Aïda, 2003. "Cohort Effects on Earnings Profiles: Evidence from Sweden," Working Paper Series 2003:11, Uppsala University, Department of Economics.
- Irene Mosca, 2009. "Population Ageing and the Labour Market: Evidence from Italy," LABOUR, CEIS, vol. 23(2), pages 371-395, 06.
- Wright, Robert E, 1991. "Cohort Size and Earnings in Great Britain," Journal of Population Economics, Springer, vol. 4(4), pages 295-305, November.
- Stapleton, David C & Young, Douglas J, 1988. "Educational Attainment and Cohort Size," Journal of Labor Economics, University of Chicago Press, vol. 6(3), pages 330-61, July.
When requesting a correction, please mention this item's handle: RePEc:mar:magkse:201346. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bernd Hayo)
If references are entirely missing, you can add them using this form.