Vandenbroucke, Guillaume; Ravikumar, B; Kong, Yu-Chien - Society for Economic Dynamics - SED - 2014
We document that age profiles of labor earnings for college- and high-school-educated workers are flatter for recent cohorts than for older cohorts. Workers who were 20-year old in 1940 saw their annual earnings increase four-fold over the course of their working lives. For workers who were...