| Educational attainment and cohort size. | |
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MedLine Citation:
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PMID: 12315415 Owner: PIP Status: MEDLINE |
Abstract/OtherAbstract:
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"We argue that the postwar baby boom [in the United States] caused substantial fluctuations in both the economic rewards to education and educational attainment over the last 3 decades. If substitutability between young and old workers diminishes with education, the present value of lifetime earnings for a boom cohort is depressed more for highly educated workers, reducing incentives for educational attainment. The opposite is true for pre- and postboom cohorts. The diminishing substitutability hypothesis explains the declines in both the returns to college and college completion rates in the 1970s and predicts a substantial increase in educational attainment for postboomers." |
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Authors:
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D C Stapleton; D J Young |
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Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: Journal of labor economics Volume: 6 ISSN: 0734-306X ISO Abbreviation: J Labor Econ Publication Date: 1988 Jul |
Date Detail:
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Created Date: 1989-05-04 Completed Date: 1989-05-04 Revised Date: 2002-10-04 |
Medline Journal Info:
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Nlm Unique ID: 101084446 Medline TA: J Labor Econ Country: UNITED STATES |
Other Details:
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Languages: eng Pagination: 330-61 Citation Subset: J |
Copyright Information:
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excerpt |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Americas Cohort Studies* Demography Developed Countries Developing Countries Economics* Education* Educational Status* Employment* Fertility Health Manpower North America Population Population Dynamics Population Growth* Research Social Class Socioeconomic Factors United States |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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