We exploit the cross-country and time variation in the demographics and education structure in 11 European countries to study how cohort size has affected real earnings in Europe. When we pool the data of all countries, we find that cohort size has a negative and statistically significant effect...

Schon in zehn Jahren werden dem Arbeitsmarkt fünf Millionen oder gar mehr Arbeitskräfte fehlen. Parallel wird unsere Gesellschaft deutlich altern. Vor welchen Aufgaben stehen Unternehmen und Beschäftigte, Bildungs-, Familien- und Zuwanderungspolitik? Müssen gesellschaftliche Solidarität und...

"When studying income differences and income distribution, the self-employed are often excluded from the population studied. There are several good reasons for this, for example that incomes from self-employment are not reported to the same extent as incomes from being an employee. On the other...