Fang, Hanming; Qiu, Xincheng - National Bureau of Economic Research - 2021
U.S., but decreased sharply from 55 to around 35 in China; second, the age-specific earnings grew drastically in China …We study the labor markets in China and the United States, the two largest economies in the world, by examining the … evolution of their cross-sectional age-earnings profiles during the past thirty years. We find that, first, the peak age in the …