The Impact of Demographic Change on Human Capital Accumulation
This paper investigates whether and to what extent demographic change has an impact on human capital accumulation. The effect of the relative cohort size on educational attainment of young adults in Germany is analyzed utilizing data from the German Socio-Economic Panel forWest-German individuals of the birth cohorts 1966 to 1986. These are the cohorts which entered the labor market since the 1980’s. Particular attention is paid to the effect of changes in labor market conditions, which constitute an important channel through which demographic change may affect human capital accumulation. Our findings suggest that the variables measuring demographic change exert a considerable though heterogeneous impact on the human capital accumulation of young Germans. Changing labor market conditions during the 1980’s and 1990’s exhibit a sizeable impact on both the highest schooling and the highest professional degree obtained by younger cohorts.
|Date of creation:||May 2009|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.rwi-essen.de/
More information through EDIRC
|Order Information:||Web: http://www.rwi-essen.de/publikationen/|
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.:
- Welch, Finis, 1979. "Effects of Cohort Size on Earnings: The Baby Boom Babies' Financial Bust," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages S65-97, October.
- Fertig, Michael & Schmidt, Christoph M., 2003.
"Gerontocracy in Motion? European Cross-Country Evidence on the Labor Market Consequences of Population Ageing,"
IZA Discussion Papers
956, Institute for the Study of Labor (IZA).
- Fertig, Michael & Schmidt, Christoph M., 2003. "Gerontocracy in Motion? - European Cross-Country Evidence on the Labor Market Consequences of Population Ageing," RWI Discussion Papers 8, Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI).
- Jochen Kluve & Christoph M. Schmidt, 2002. "Can training and employment subsidies combat European unemployment?," Economic Policy, CEPR;CES;MSH, vol. 17(35), pages 409-448, October.
- Connelly, Rachel & Gottschalk, Peter, 1995. "The Effect of Cohort Composition on Human Capital Accumulation across Generations," Journal of Labor Economics, University of Chicago Press, vol. 13(1), pages 155-76, January.
- Ludger Woessmann, 2004.
"How Equal Are Educational Opportunities? Family Background and Student Achievement in Europe and the United States,"
CESifo Working Paper Series
1162, CESifo Group Munich.
- Woessmann, Ludger, 2004. "How Equal Are Educational Opportunities? Family Background and Student Achievement in Europe and the United States," IZA Discussion Papers 1284, Institute for the Study of Labor (IZA).
- Klevmarken, N Anders, 1993. "Demographics and the Dynamics of Earnings," Journal of Population Economics, Springer, vol. 6(2), pages 105-22, May.
- Rachel Connelly, 1986. "A Framework for Analyzing the Impact of Cohort Size on Education and Labor Earning," Journal of Human Resources, University of Wisconsin Press, vol. 21(4), pages 543-562.
- Finis Welch, 1979. "Effects of Cohort Size on Earnings: The Baby Boom Babies' Financial Bust," UCLA Economics Working Papers 146, UCLA Department of Economics.
- Fertig, Michael, 2003. "Who's to Blame? The Determinants of German Students' Achievement in the PISA 2000 Study," IZA Discussion Papers 739, Institute for the Study of Labor (IZA).
- Clark, Damon, 2002. "The Impact of Local Labour Market Conditions on Participation in Further Education in England," IZA Discussion Papers 550, Institute for the Study of Labor (IZA).
When requesting a correction, please mention this item's handle: RePEc:rwi:repape:0107. 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: (Sabine Weiler)
If references are entirely missing, you can add them using this form.