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No Time to Be Young: The Economic Prospects for Large Cohorts in the United States

Listed author(s):
  • James P. Smith


  • Finis Welch

    (Welch & Associates)

This paper concentrates on the economic experiences of the baby-boom cohorts. We first document their early career experience and demonstrate that indeed this was no time to be young. We then offer reasons why cohort size may be important and note which people, within a cohort, are most likely to be adversely affected. We estimate the magnitude of cohort size effects on earnings potential throughout the work career.

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Paper provided by EconWPA in its series Labor and Demography with number 0403005.

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Length: 13 pages
Date of creation: 03 Mar 2004
Handle: RePEc:wpa:wuwpla:0403005
Note: Type of Document - pdf; pages: 13. Population and Development Review, Volume 7, Number 1, March 1981, pp. 71-84
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